Peter Platzer - Aug 21, 2024 Form 4 Insider Report for Spire Global, Inc. (SPIR)

Signature
/s/ Jonathan Zimmerman, by Power of Attorney for Peter Platzer
Stock symbol
SPIR
Transactions as of
Aug 21, 2024
Transactions value $
-$217,597
Form type
4
Date filed
8/23/2024, 04:10 PM
Previous filing
Mar 11, 2024
Next filing
Oct 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPIR Class A Common Stock Sale -$218K -30.7K -1.79% $7.10 1.68M Aug 21, 2024 Direct F1, F2
holding SPIR Class A Common Stock 395K Aug 21, 2024 By Spouse F3
* 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 April 19, 2022, April 14, 2023, and March 7, 2024.
F2 Reflects a voluntary forfeiture of 262,500 restricted stock units that were initially granted on March 7, 2024.
F3 Theresa Condor and Peter Platzer, as husband and wife, share beneficial ownership of the securities held by each other.