Kurt Kalbfleisch - May 22, 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
May 22, 2023
Transactions value $
$0
Form type
4
Date filed
5/24/2023, 06:49 PM
Previous filing
Mar 1, 2023
Next filing
May 30, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ANY Common Stock Options Exercise +170K +45.87% 541K May 22, 2023 Direct F1
holding ANY Common Stock 15K May 22, 2023 By Daughter
holding ANY Common Stock 15K May 22, 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 -170K -15.32% 940K May 22, 2023 Common Stock 170K 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.