Patricia Trompeter - Dec 10, 2024 Form 4 Insider Report for Sphere 3D Corp. (ANY)

Role
CEO, Director
Signature
Denise Garrett For: Patricia Trompeter
Stock symbol
ANY
Transactions as of
Dec 10, 2024
Transactions value $
-$64,900
Form type
4
Date filed
12/12/2024, 08:42 PM
Previous filing
Jun 12, 2024
Next filing
Dec 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ANY Common Stock Options Exercise +188K +43.64% 617K Dec 10, 2024 Direct F1
transaction ANY Common Stock Sale -$26.2K -20K -3.24% $1.31 597K Dec 10, 2024 Direct F2
transaction ANY Common Stock Sale -$26K -20K -3.35% $1.30 577K Dec 11, 2024 Direct F3
transaction ANY Common Stock Sale -$12.7K -10K -1.73% $1.27 567K Dec 12, 2024 Direct F4

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 -188K -27.81% 487K Dec 10, 2024 Common Stock 188K Direct F1, F5
* 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 December 10, 2024.
F3 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 December 10, 2024. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $1.30 to $1.33, inclusive.
F4 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 December 10, 2024. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $1.27 to $1.285, inclusive.
F5 The RSUs reported under Column 9 represent two awards. The underlying shares and vesting schedules are as follows: (i) 17,857 shares vest 4/8/25 and (ii) 93,750 vest quarterly beginning 12/31/24 until 12/31/25.