Kurt L. Kalbfleisch - 28 Feb 2023 Form 4 Insider Report for Sphere 3D Corp. (ANY)

Role
SVP and CFO
Signature
/s/ Denise Garrett For: Kurt Kalbfleisch
Issuer symbol
ANY
Transactions as of
28 Feb 2023
Net transactions value
$0
Form type
4
Filing time
01 Mar 2023, 15:05:33 UTC
Previous filing
03 Jan 2023
Next filing
24 May 2023
SEC
View on sec.gov

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 ANY Restricted Stock Unit (RSU) Award +850,000 +327% 1,110,000 28 Feb 2023 Common Stock 850,000 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each RSU represents a contingent right to receive one share of Sphere 3D Corp. common stock.
F2 The RSUs vest as follows: 170,000 shares vest on 5/22/2023 and 680,000 shares vest on 12/1/2023.
F3 The RSUs reported under column 9 represent two awards. The underlying shares and vesting schedules are as follows: (i) 170,000 shares vest on 5/22/2023, and 680,000 shares vest on 12/1/2023, and (ii) 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.