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

Role
SVP and CFO
Signature
/s/ Denise Garrett For: Kurt Kalbfleisch
Stock symbol
ANY
Transactions as of
Feb 28, 2023
Transactions value $
$0
Form type
4
Date filed
3/1/2023, 03:05 PM
Previous filing
Jan 3, 2023
Next filing
May 24, 2023

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 +850K +326.92% 1.11M Feb 28, 2023 Common Stock 850K 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.