Theresa Condor - Feb 21, 2024 Form 4 Insider Report for Spire Global, Inc. (SPIR)

Signature
/s/ Jonathan Zimmerman, by Power of Attorney for Theresa Condor
Stock symbol
SPIR
Transactions as of
Feb 21, 2024
Transactions value $
-$141,696
Form type
4
Date filed
2/23/2024, 04:57 PM
Previous filing
Nov 22, 2023
Next filing
Mar 11, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPIR Class A Common Stock Sale -$66.8K -5.87K -2.44% $11.39 235K Feb 21, 2024 Direct F1
transaction SPIR Class A Common Stock Sale -$74.8K -6.86K -2.92% $10.91 228K Feb 22, 2024 Direct F1
holding SPIR Class A Common Stock 1.45M Feb 21, 2024 By Spouse F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The shares were sold to cover taxes associated with the settlement of stock units, pursuant to an automatic sale-to-cover instruction in the applicable award agreement, which award agreements intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) were dated February 4, 2022, April 14, 2023, and October 2, 2023.
F2 Theresa Condor and Peter Platzer, as husband and wife, share beneficial ownership of the securities held by each other.