Corey McCann - 16 Feb 2022 Form 4 Insider Report for Pear Therapeutics, Inc.

Signature
/s/ Stacie S. Aarestad, Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
16 Feb 2022
Net transactions value
$0
Form type
4
Filing time
18 Feb 2022, 15:40:54 UTC
Previous filing
07 Dec 2021
Next filing
18 Jan 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding PEARQ Class A Common Stock 8,157,565 16 Feb 2022 Direct F1
holding PEARQ Class A Common Stock 1,685,913 16 Feb 2022 by The Corey M. McCann Irrevocable Trust of 2021 F2, F3
holding PEARQ Class A Common Stock 986,517 16 Feb 2022 by The McCann Family Trust F2, F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PEARQ Stock Option (Right to Buy) Award $0 +210,080 $0.000000 210,080 16 Feb 2022 Common Stock 210,080 $4.06 Direct F5
transaction PEARQ Restricted Stock Units Award $0 +266,667 $0.000000 266,667 16 Feb 2022 Common Stock 266,667 Direct F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Updated to correct error in prior Form 4 filing.
F2 The Reporting Person disclaims beneficial ownership, within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, with respect to these shares, except to the extent of his pecuniary interest therein.
F3 Shares held in The Corey M. McCann Irrevocable Trust of 2021. The trustee of The Corey M. McCann Irrevocable Trust of 2021 is Mia E. Moll.
F4 Shares held in The McCann Family Trust. The trustee of The McCann Family Trust is Concord Trust Company.
F5 25% of the shares underlying the option shall vest on January 14, 2023 and an additional 2.0833 and 1/3% of the shares shall vest on the last day of each calendar month thereafter.
F6 Each restricted stock unit represents a contingent right to receive one share of PEAR common stock.
F7 The restricted stock units shall vest and settle as to 33% of the shares on January 14, 2023, 33% of the shares on January 14, 2024 and the final 34% on January 14, 2025.