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

Role: Director
Signature: Nancy Green, 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, 05:03 PM
Previous filing: Oct 12, 2021
Next filing: Dec 21, 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	Stock Option (Right to Buy)							Nov 2, 2021	Class B Common Stock	50K	$4.12	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Option vests in 24 equal monthly installments measured from February 10, 2020, subject to the Reporting Person's Continuous Service (as defined in the Issuer's 2015 Equity Incentive Plan) on each such vesting date.
F2	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.

Content

Option vests in 24 equal monthly installments measured from February 10, 2020, subject to the Reporting Person's Continuous Service (as defined in the Issuer's 2015 Equity Incentive Plan) on each such vesting date.

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.