Kurt L. Kalbfleisch - 22 May 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
22 May 2023
Net transactions value
$0
Form type
4
Filing time
24 May 2023, 18:49:34 UTC
Previous filing
01 Mar 2023
Next filing
30 May 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 +170,000 +46% 540,574 22 May 2023 Direct F1
holding ANY Common Stock 15,000 22 May 2023 By Daughter
holding ANY Common Stock 15,000 22 May 2023 By 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
transaction ANY Restricted Stock Unit (RSU) Options Exercise -170,000 -15% 940,000 22 May 2023 Common Stock 170,000 Direct F1, F2
* 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 reported under column 9 represent two awards. The underlying shares and vesting schedules are as follows: (i) 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.