Jon Kirchner - Oct 1, 2022 Form 4/A - Amendment Insider Report for Xperi Inc. (XPER)

Role
CEO & President, Director
Signature
/s/ Robert Andersen, as Attorney-in-Fact
Stock symbol
XPER
Transactions as of
Oct 1, 2022
Transactions value $
$0
Form type
4/A - Amendment
Date filed
3/3/2023, 08:34 PM
Date Of Original Report
Oct 4, 2022
Previous filing
Mar 2, 2023
Next filing
Oct 12, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction XPER Common Stock Award $0 +98.9K +79.29% $0.00 224K Oct 1, 2022 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents unvested restricted stock units ("RSUs") granted by Xperi Holding Corporation that have been converted into unvested RSUs of the Issuer in connection with the spin-off of the Issuer from Xperi Holding Corporation (the "Spin-off"). These RSUs are subject to the same terms and conditions applicable to such Xperi Holding Corporation awards. The RSUs shall vest as follows: 22,732 shares shall vest in two equal installments on July 28, 2023 and July 28, 2024; 32,886 shares shall vest in three equal installments on March 1, 2023 and annually thereafter until fully vested; and 43,302 shares shall vest in four equal installments on March 1, 2023 and annually thereafter until fully vested.
F2 Each restricted stock unit represents a contingent right to receive one share of Xperi Inc. common stock.
F3 Includes shares of Issuer's common stock received in the Spin-off with respect to shares of Xperi Holding Corporation common stock held prior to the Spin-off. The number of shares beneficially owned has been adjusted to account for a calculation error and were overreported.