Global Catalyst Partners III L P - Jul 5, 2023 Form 4 Insider Report for SOUNDHOUND AI, INC. (SOUN)

Role
10%+ Owner
Signature
Global Catalyst Partners III, L.P., By: Global Catalyst Venture Management III, LLC, its general partner, By: /s/ Kamran Elahian, Managing Member
Stock symbol
SOUN
Transactions as of
Jul 5, 2023
Transactions value $
$0
Form type
4
Date filed
7/10/2023, 04:15 PM
Previous filing
Jun 7, 2023
Next filing
Jul 12, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SOUN Class A Common Stock Other $0 -8M -28.42% $0.00 20.2M Jul 5, 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On July 5, 2023, Global Catalyst Partners III, L.P. ("GCP III") distributed in-kind, without consideration, 8,000,000 shares of Class A Common Stock pro-rata to its partners, including its limited partners and its general partner, Global Catalyst Venture Management III, LLC ("GCVM III"), in accordance with the exemptions under Rule 16a-9 and Rule 16a-13 of the Securities Exchange Act of 1934, as amended. Upon receipt by GCVM III of its pro rata interest of the distribution (1,269,540 shares of Class A Common Stock), GCVM III distributed in-kind, without consideration, all such shares pro-rata to its members in accordance with the exemptions under Rule 16a-9 and Rule 16a-13 of the Securities Exchange Act of 1934, as amended.
F2 The shares are held directly by GCP III, of which GCVM III is the general partner. GCVM III disclaims beneficial ownership of such shares for purposes of Section 16 of the Securities Exchange Act of 1934, as amended ("Section 16"), except to the extent of its pecuniary interest therein, if any, and this report shall not be deemed an admission that such shares are beneficially owned by it for Section 16 or any other purpose.