Joseph Zwillinger - Nov 2, 2021 Form 3 Insider Report for Allbirds, Inc. (BIRD)

Role
Co-Chief Executive Officer, Director, 10%+ Owner
Signature
Joseph Zwillinger, by /s/ Ron A. Metzger, Attorney-in-Fact
Stock symbol
BIRD
Transactions as of
Nov 2, 2021
Transactions value $
$0
Form type
3
Date filed
11/2/2021, 04:55 PM
Next filing
May 24, 2022

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
holding BIRD Class B Common Stock Nov 2, 2021 Class A Common Stock 11.1M $0.00 By Trust F1, F2
holding BIRD Stock Option (Right to Buy) Nov 2, 2021 Class B Common Stock 1.88M $5.09 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of Class B Common Stock is convertible at any time at the option of the Reporting Person into one share of Class A Common Stock and has no expiration date. Each share of Class B Common Stock held by the Reporting Person will convert automatically into one share of Class A Common Stock upon the sale or transfer of such share of Class B Common Stock, subject to certain exceptions, and in certain other circumstances described in the Issuer's amended and restated certificate of incorporation.
F2 Shares are held of record by Joseph Z. Zwillinger and Elizabeth L. Zwillinger, as Trustees of the Twin Wolves Revocable Trust under Revocable Trust Agreement dated September 27, 2017, of which the Reporting Person is co-trustee and shares voting and investment power over such shares.
F3 Option vests in 48 equal monthly installments measured from September 1, 2019, subject to the Reporting Person's Continuous Service (as defined in the Issuer's 2015 Equity Incentive Plan) on each such vesting date.