Leonardo Basola - 21 Feb 2025 Form 4 Insider Report for Spire Global, Inc. (SPIR)

Signature
/s/ Jonathan Zimmerman, by Power of Atrorney for Leonardo Basola
Issuer symbol
SPIR
Transactions as of
21 Feb 2025
Net transactions value
-$160,321
Form type
4
Filing time
25 Feb 2025, 17:42:48 UTC
Previous filing
22 Nov 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPIR Class A Common Stock Sale $160,321 -14,228 -6% $11.27 222,251 21 Feb 2025 Direct F1
* 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 September 5, 2023, March 7, 2024 and August 12, 2024.