Richard W. Boyce - Nov 2, 2021 Form 3 Insider Report for Allbirds, Inc. (BIRD)

Role
Director
Signature
Richard W. Boyce, 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, 05:01 PM
Next filing
Nov 8, 2021

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 773K $0.00 Direct F1
holding BIRD Class B Common Stock Nov 2, 2021 Class A Common Stock 46.6K $0.00 By Trust F1, F2
holding BIRD Series Seed Preferred Stock Nov 2, 2021 Class B Common Stock 171K $0.00 By Trust F1, F2, F3
holding BIRD Series A Preferred Stock Nov 2, 2021 Class B Common Stock 834K $0.00 By Trust F1, F2, F3
holding BIRD Series B Preferred Stock Nov 2, 2021 Class B Common Stock 25.8K $0.00 By Trust F1, F2, 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 the Dick W. Boyce & Sandy W. Boyce Revocable Trust Agreement Dated December 30, 1994, of which the Reporting Person is co-trustee and shares voting and investment power over such shares.
F3 Each share of Preferred Stock is convertible into one share of Class B Common Stock and has no expiration date. Immediately prior to the closing of the Issuer's initial public offering, each share of Preferred Stock will be automatically converted into one share of Class B Common Stock.