Kurt Kalbfleisch - Jan 1, 2023 Form 3 Insider Report for Sphere 3D Corp. (ANY)

Role
SVP and CFO
Signature
By: Denise Garrett For: Kurt Kalbfleisch
Stock symbol
ANY
Transactions as of
Jan 1, 2023
Transactions value $
$0
Form type
3
Date filed
1/3/2023, 08:02 AM
Next filing
Mar 1, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding ANY Common Stock 371K Jan 1, 2023 Direct
holding ANY Common Stock 15K Jan 1, 2023 Daughter
holding ANY Common Stock 15K Jan 1, 2023 Son

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
holding ANY Non-Qualified Stock Option (right to buy) Jan 1, 2023 Common Stock 225K $0.68 Direct F1
holding ANY Restricted Stock Unit (RSU) Jan 1, 2023 Common Stock 260K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 45,000 stock options are vested and exercisable; 67,500 stock options vest on 6/20/23; 56,250 stock options vest on 6/20/24; and 56,250 stock options vest on 6/20/25.
F2 These RSUs represent one award. The underlying shares and vesting schedules are as follows: 97,500 shares vest on 6/20/23; 81,250 shares vest on 6/20/24 and 81,250 shares vest on 6/20/25.
F3 Each RSU represents a contingent right to receive one share of Sphere 3D Corp. common stock.

Remarks:

The Board of Directors of Sphere 3D Corp. (the "Company") has determined that as of June 30, 2022, the Company was no longer a foreign private issuer. As a result, effective January 1, 2023, the Company is required to comply with the reporting requirements and use the filing forms applicable to U.S. public companies under U.S. securities laws, including reports required under Section 16 of the U.S. Securities Exchange Act of 1934.