Key facts
- This page summarizes Michael B. Gustafson's Form 4 filing for Matterport, Inc./DE.
- 7 reported transactions and 4 derivative rows are listed below.
- Accepted by SEC: 04 Feb 2022, 16:46.
Michael B. Gustafson - 22 Jul 2021 Form 4 Insider Report for Matterport, Inc./DE
- Reporting relationship
- Director
- Issuer ticker
- N/A
- Reported as of
- 22 Jul 2021
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 04 Feb 2022, 16:46:20 UTC
- Prior SEC filing
- 02 Jul 2021
- Next SEC filing
- 15 Nov 2021
- Source filing
- View source filing
- Reporting owner signature
- /s/ Judi Otteson, Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Michael B. Gustafson filed Form 4 for Matterport, Inc./DE on 04 Feb 2022.
Change
- Previous filing in this sequence was filed on 02 Jul 2021.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
MTTR
transaction
Class A Common Stock
Award
- Transaction value
- Shares
- +29,724
- Change %
- Price
- Shares after
- 29,724
- Date
- 22 Jul 2021
- Ownership
- See footnote
- Footnotes
- F1, F2
MTTR
transaction
Class A Common Stock
Conversion of derivative security
- Transaction value
- $0
- Shares
- +61,897
- Change %
- +76%
- Price
- $0.000000
- Shares after
- 143,656
- Date
- 01 Feb 2022
- Ownership
- Direct
MTTR
transaction
Class A Common Stock
Conversion of derivative security
- Transaction value
- $0
- Shares
- +3,300
- Change %
- +11%
- Price
- $0.000000
- Shares after
- 33,024
- Date
- 01 Feb 2022
- Ownership
- See footnote
- Footnotes
- F2
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
MTTR
transaction
Derivative
Earn-Out Shares
Award
- Transaction value
- $0
- Shares
- +61,897
- Change %
- Price
- $0.000000
- Shares after
- 61,897
- Date
- 22 Jul 2021
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 61,897
- Exercise price
- Footnotes
- F3
MTTR
transaction
Derivative
Earn-Out Shares
Award
- Transaction value
- $0
- Shares
- +3,300
- Change %
- Price
- $0.000000
- Shares after
- 3,300
- Date
- 22 Jul 2021
- Ownership
- See footnote
- Underlying class
- Class A Common Stock
- Underlying amount
- 3,300
- Exercise price
- Footnotes
- F3, F4
MTTR
transaction
Derivative
Earn-Out Shares
Conversion of derivative security
- Transaction value
- $0
- Shares
- -61,897
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 01 Feb 2022
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 61,897
- Exercise price
- Footnotes
- F3
MTTR
transaction
Derivative
Earn-Out Shares
Conversion of derivative security
- Transaction value
- $0
- Shares
- -3,300
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 01 Feb 2022
- Ownership
- See footnote
- Underlying class
- Class A Common Stock
- Underlying amount
- 3,300
- Exercise price
- Footnotes
- F2, F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 4 footnotes
Footnote F1
On July 22, 2021, Matterport, Inc. (formerly known as Gores Holdings VI, Inc.) (the "Issuer") consummated the merger contemplated by that certain Agreement and Plan of Merger (the "Merger Agreement"), dated February 7, 2021, by and among the Issuer, Maker Merger Sub, Inc., Maker Merger Sub II, LLC and Matterport Operating, LLC ("Legacy Matterport"). Pursuant to the Merger Agreement, each share of Legacy Matterport common stock issued and outstanding immediately prior to the effective time of the transactions contemplated by the Merger Agreement was automatically converted into the right to receive a number of shares of the Issuer's Class A Common Stock based on the Per Share Company Common Stock Consideration (as defined in the Merger Agreement).
Footnote F2
Following the transactions reported herein, each of the Brock M. Gustafson Trust and the Ashley E. Gustafson Trust hold 16,512 shares of Class A Common Stock of the Issuer.
Footnote F3
Pursuant to the terms of the Merger Agreement, former holders of Legacy Matterport common stock and former holders of Legacy Matterport options and restricted stock units are entitled to receive their pro rata share of up to 23,460,000 shares of the Issuer's Class A Common Stock (the "Earn-Out Shares") during the five-year period following the Lockup Expiration Date (as defined in the Merger Agreement) if the daily volume-weighted average price of the Issuer's Class A Common Stock has been greater than the thresholds set forth in the Merger Agreement for a period of at least 10 trading days out of a 30 consecutive trading day period. The issuance of such shares is subject to certain adjustments set forth in the Merger Agreement.
Footnote F4
Consists of 1,650 Earn-Out Shares entitled to be received by the Brock M. Gustafson Trust and 1,650 Earn-Out Shares entitled to be received by the Ashley E. Gustafson Trust.