Kurt Kalbfleisch - Mar 27, 2024 Form 4 Insider Report for Sphere 3D Corp. (ANY)

Role
CFO
Signature
/s/ Denise Garrett, as Attorney-in-Fact for Kurt Kalbfleisch
Stock symbol
ANY
Transactions as of
Mar 27, 2024
Transactions value $
$0
Form type
4
Date filed
3/28/2024, 04:53 PM
Previous filing
Dec 8, 2023
Next filing
May 23, 2024

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 +125K +538.47% 148K Mar 27, 2024 Common Stock 125K 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 June 30, 2024 and ending March 31, 2026. Mr. Kalbfleisch has deferred the vesting of the first tranche of RSUs.