Kurt Kalbfleisch - Aug 28, 2024 Form 4 Insider Report for Sphere 3D Corp. (ANY)

Role: SVP and CFO
Signature: Denise Garrett For: Kurt Kalbfleisch
Stock symbol: ANY
Transactions as of: Aug 28, 2024
Transactions value $: -$10,450
Form type: 4
Date filed: 8/30/2024, 05:24 PM
Previous filing: Jun 11, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ANY	Common Stock	Options Exercise		+23.3K	+18.78%		148K	Aug 28, 2024	Direct	F1
transaction	ANY	Common Stock	Sale	-$10.5K	-11K	-7.46%	$0.95	137K	Aug 29, 2024	Direct	F2
holding	ANY	Common Stock						2.14K	Aug 28, 2024	By Daughter
holding	ANY	Common Stock						2.14K	Aug 28, 2024	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		-23.3K	-19.94%		93.6K	Aug 28, 2024	Common Stock	23.3K		Direct	F1, 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	This transaction represents the sale of shares by the reporting person to satisfy the issuer's tax withholding obligations in connection with the release of vested RSUs on August 28, 2024.
F3	The RSUs reported under Column 9 represent two awards. The underlying shares and vesting schedules are as follows: (i) 11,607 shares vest 6/20/25 and (ii) 11,719 vest quarterly beginning 9/30/24 until 12/31/25 and 11,717 vest on 3/31/26.