Patricia Trompeter - 15 Jan 2024 Form 4 Insider Report for Sphere 3D Corp. (ANY)

Role
CEO, Director
Signature
/s/ Denise Garrett, as Attorney-in-Fact for Patricia Trompeter
Issuer symbol
ANY
Transactions as of
15 Jan 2024
Net transactions value
$0
Form type
4
Filing time
17 Jan 2024, 17:42:53 UTC
Previous filing
04 Dec 2023
Next filing
23 May 2024
SEC
View on sec.gov

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) Award +1,000,000 +2800% 1,035,715 15 Jan 2024 Common Stock 1,000,000 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 vest 25% on the date of grant and the remaining RSUs vest in equal quarterly installments beginning March 31, 2024 and ending December 31, 2025. Ms. Trompeter has deferred the vesting of the first tranche of RSUs.