Patricia Trompeter - 01 Jan 2023 Form 3 Insider Report for Sphere 3D Corp. (ANY)

Role: CEO, Director
Signature: By: Denise Garrett For: Patricia Trompeter
Issuer symbol: ANY
Transactions as of: 01 Jan 2023
Net transactions value: $0
Form type: 3
Filing time: 03 Jan 2023, 08:05:42 UTC
Previous filing: 25 Oct 2021
Next filing: 01 Mar 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	ANY	Common Stock						194,865	01 Jan 2023	Direct

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	Restricted Stock Unit (RSU)							01 Jan 2023	Common Stock	400,000		Direct	F1, F2
holding	ANY	Non-Qualified Stock Option (right to buy)							01 Jan 2023	Common Stock	750,000	$1.80	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	These RSUs represent one award. The underlying shares and vesting schedules are as follows: 150,000 shares vest on 4/8/23; 125,000 shares vest on 4/8/24 and 125,000 shares vest on 4/8/25.
F2	Each RSU represents a contingent right to receive one share of Sphere 3D Corp. common stock.
F3	150,000 stock options are vested and exercisable; 225,000 stock options vest on 4/8/23; 187,500 stock options vest on 4/8/24 and 187,500 stock options vest on 4/8/25.

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.