Kurt Kalbfleisch - Nov 30, 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
Nov 30, 2023
Transactions value $
-$78,912
Form type
4
Date filed
12/4/2023, 08:05 PM
Previous filing
Nov 17, 2023
Next filing
Dec 8, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ANY Common Stock Sale -$16.5K -26.2K -32.91% $0.63 53.5K Nov 30, 2023 Direct F1
transaction ANY Common Stock Options Exercise +97.1K +181.63% 151K Dec 1, 2023 Direct F2
transaction ANY Common Stock Tax liability -$27.2K -34K -22.57% $0.80 117K Dec 1, 2023 Direct
transaction ANY Common Stock Sale -$35.2K -38.6K -33.09% $0.91 78.1K Dec 1, 2023 Direct F3
holding ANY Common Stock 2.14K Nov 30, 2023 By Daughter
holding ANY Common Stock 2.14K Nov 30, 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 -97.1K -80.71% 23.2K Dec 1, 2023 Common Stock 97.1K Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 $6,638.46 of this transaction represents the sale of shares by the reporting person to satisfy the issuer's tax withholding obligations in connection with the vesting of RSUs on November 15, 2023. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $0.62 to $0.6831, inclusive.
F2 Each RSU represents a contingent right to receive one share of Sphere 3D Corp. common stock.
F3 $6,623.87 of this transaction represents the sale of shares by the reporting person to satisfy the issuer's tax withholding obligations in connection with the vesting of RSUs on December 1, 2023. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $0.60 to $1.06, inclusive.
F4 The RSUs reported under column 9 represents one award. The underlying shares and vesting schedules are as follows: 11,607 shares vest on 6/20/24 and 11,607 shares vest on 6/20/25.