Maveron Equity Partners V, L.P. - 05 Nov 2021 Form 4 Insider Report for Allbirds, Inc. (BIRD)

Role
10%+ Owner
Signature
Maveron Equity Partners V, L.P., by Maveron General Partner V, LLC, its General Partner, by Dan Levitan, Managing Member, by /s/ Ron A. Metzger, Attorney-in-Fact
Issuer symbol
BIRD
Transactions as of
05 Nov 2021
Net transactions value
-$30,000,000
Form type
4
Filing time
08 Nov 2021, 16:05:24 UTC
Previous filing
02 Nov 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BIRD Class A Common Stock Conversion of derivative security $0 +1,439,281 $0.000000 1,439,281 05 Nov 2021 Direct F1
transaction BIRD Class A Common Stock Sale $21,589,215 -1,439,281 -100% $15.00* 0 05 Nov 2021 Direct F1
transaction BIRD Class A Common Stock Conversion of derivative security $0 +382,269 $0.000000 382,269 05 Nov 2021 Direct F2
transaction BIRD Class A Common Stock Sale $5,734,035 -382,269 -100% $15.00* 0 05 Nov 2021 Direct F2
transaction BIRD Class A Common Stock Conversion of derivative security $0 +178,450 $0.000000 178,450 05 Nov 2021 Direct F3
transaction BIRD Class A Common Stock Sale $2,676,750 -178,450 -100% $15.00* 0 05 Nov 2021 Direct F3

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 BIRD Series Seed Preferred Stock Conversion of derivative security $0 -290,625 -100% $0.000000* 0 05 Nov 2021 Class B Common Stock 290,625 Direct F1, F4, F5
transaction BIRD Class B Common Stock Conversion of derivative security $0 +290,625 +282% $0.000000 393,785 05 Nov 2021 Class A Common Stock 290,625 Direct F1, F5
transaction BIRD Series A Preferred Stock Conversion of derivative security $0 -12,632,840 -100% $0.000000* 0 05 Nov 2021 Class B Common Stock 12,632,840 Direct F1, F4, F5
transaction BIRD Class B Common Stock Conversion of derivative security $0 +12,632,840 +3208% $0.000000 13,026,625 05 Nov 2021 Class A Common Stock 12,632,840 Direct F1, F5
transaction BIRD Class B Common Stock Conversion of derivative security $0 -1,439,281 -11% $0.000000 11,587,344 05 Nov 2021 Class A Common Stock 1,439,281 Direct F1, F5
transaction BIRD Series Seed Preferred Stock Conversion of derivative security $0 -29,165 -100% $0.000000* 0 05 Nov 2021 Class B Common Stock 29,165 Direct F2, F4, F5
transaction BIRD Class B Common Stock Conversion of derivative security $0 +29,165 +282% $0.000000 39,520 05 Nov 2021 Class A Common Stock 29,165 Direct F2, F5
transaction BIRD Series A Preferred Stock Conversion of derivative security $0 -4,141,475 -100% $0.000000* 0 05 Nov 2021 Class B Common Stock 4,141,475 Direct F2, F4, F5
transaction BIRD Class B Common Stock Conversion of derivative security $0 +4,141,475 +10479% $0.000000 4,180,995 05 Nov 2021 Class A Common Stock 4,141,475 Direct F2, F5
transaction BIRD Class B Common Stock Conversion of derivative security $0 -382,269 -9.1% $0.000000 3,798,726 05 Nov 2021 Class A Common Stock 382,269 Direct F2, F5
transaction BIRD Series Seed Preferred Stock Conversion of derivative security $0 -35,925 -100% $0.000000* 0 05 Nov 2021 Class B Common Stock 35,925 Direct F3, F4, F5
transaction BIRD Class B Common Stock Conversion of derivative security $0 +35,925 +282% $0.000000 48,680 05 Nov 2021 Class A Common Stock 35,925 Direct F3, F5
transaction BIRD Series A Preferred Stock Conversion of derivative security $0 -1,568,030 -100% $0.000000* 0 05 Nov 2021 Class B Common Stock 1,568,030 Direct F3, F4, F5
transaction BIRD Class B Common Stock Conversion of derivative security $0 +1,568,030 +3221% $0.000000 1,616,710 05 Nov 2021 Class A Common Stock 1,568,030 Direct F3, F5
transaction BIRD Class B Common Stock Conversion of derivative security $0 -178,450 -11% $0.000000 1,438,260 05 Nov 2021 Class A Common Stock 178,450 Direct F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares are held by Maveron Equity Partners V, L.P. Maveron General Partner V, LLC is the general partner of Maveron Equity Partners V, L.P. Dan Levitan, Pete McCormick, Jason Stoffer, and David Wu are the managing members of Maveron General Partner V, LLC and share voting and investment power over the shares held by Maveron Equity Partners V, L.P.
F2 Shares are held by MEP Associates V, L.P. Maveron General Partner V, LLC is the general partner of MEP Associates V, L.P. Dan Levitan, Pete McCormick, Jason Stoffer, and David Wu are the managing members of Maveron General Partner V, LLC and share voting and investment power over the shares held by MEP Associates V, L.P.
F3 Shares are held by Maveron V Entrepreneurs' Fund, L.P. Maveron General Partner V, LLC is the general partner of Maveron V Entrepreneurs' Fund, L.P. Dan Levitan, Pete McCormick, Jason Stoffer, and David Wu are the managing members of Maveron General Partner V, LLC and share voting and investment power over the shares held by Maveron V Entrepreneurs' Fund, L.P.
F4 Each share of Preferred Stock automatically converted into one share of Class B Common Stock immediately prior to the closing of the Issuer's initial public offering.
F5 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.