| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | SPIR | Class A Common Stock | Award | $0 | +45K | +20.57% | $0.00 | 264K | Aug 12, 2024 | Direct | F1, F2 |
| transaction | SPIR | Class A Common Stock | Sale | -$99.3K | -14K | -5.31% | $7.10 | 250K | Aug 21, 2024 | Direct | F3 |
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).
| Id | Content |
|---|---|
| F1 | Represents restricted stock units, which vest in equal 1/8th installments on a quarterly basis, beginning August 20, 2024, subject to the Reporting Person's continued service through each such vesting date. |
| F2 | Reflects a voluntary forfeiture of 115,000 restricted stock units that were initially granted on March 7, 2024. |
| F3 | 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 September 5, 2023, March 7, 2024 and August 12, 2024. |