Patricia Trompeter - 02 May 2023 Form 4 Insider Report for Sphere 3D Corp. (ANY)

Role: CEO, Director
Signature: /s/ Denise Garrett For: Patricia Trompeter
Issuer symbol: ANY
Transactions as of: 02 May 2023
Net transactions value: -$22,611
Form type: 4
Filing time: 04 May 2023, 16:05:41 UTC
Previous filing: 01 Mar 2023
Next filing: 17 Nov 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ANY	Common Stock	Options Exercise		+150,000	+77%		344,865	02 May 2023	Direct	F1
transaction	ANY	Common Stock	Tax liability	$22,611	-64,090	-19%	$0.3528	280,775	02 May 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
transaction	ANY	Restricted Stock Unit (RSU)	Options Exercise		-150,000	-11%		1,217,750	02 May 2023	Common Stock	150,000		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 vested on 4/8/2023, but were not released to the reporting person until 5/2/2023.
F3	The RSUs reported under column 9 represent two awards. The underlying shares and vesting schedules are as follows: (i) 193,550 shares vest on 5/22/2023 and 774,200 shares vest on 12/1/2023, and (ii) 125,000 shares vest on 4/8/24 and 125,000 shares vest on 4/8/25.