Kurt L. Kalbfleisch - 15 Nov 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
15 Nov 2023
Net transactions value
$0
Form type
4
Filing time
17 Nov 2023, 18:10:02 UTC
Previous filing
30 May 2023
Next filing
04 Dec 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 +13,928 +21% 79,723 15 Nov 2023 Direct F1, F2
holding ANY Common Stock 2,142 15 Nov 2023 By Daughter F2
holding ANY Common Stock 2,142 15 Nov 2023 By Son F2

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 -13,928 -10% 120,357 15 Nov 2023 Common Stock 13,928 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 As adjusted for the issuer's 1 for 7 reverse stock split effective June 28, 2023.
F3 The RSUs reported under column 9 represent two awards. The underlying shares and vesting schedules are as follows: (i) 97,143 shares vest on 12/1/2023, and (ii) 11,607 shares vest on 6/20/24 and 11,607 shares vest on 6/20/25.