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.