Maveron Equity Partners V, L.P. - Nov 5, 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
Stock symbol
BIRD
Transactions as of
Nov 5, 2021
Transactions value $
-$30,000,000
Form type
4
Date filed
11/8/2021, 04:05 PM
Previous filing
Nov 2, 2021

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 +1.44M $0.00 1.44M Nov 5, 2021 Direct F1
transaction BIRD Class A Common Stock Sale -$21.6M -1.44M -100% $15.00* 0 Nov 5, 2021 Direct F1
transaction BIRD Class A Common Stock Conversion of derivative security $0 +382K $0.00 382K Nov 5, 2021 Direct F2
transaction BIRD Class A Common Stock Sale -$5.73M -382K -100% $15.00* 0 Nov 5, 2021 Direct F2
transaction BIRD Class A Common Stock Conversion of derivative security $0 +178K $0.00 178K Nov 5, 2021 Direct F3
transaction BIRD Class A Common Stock Sale -$2.68M -178K -100% $15.00* 0 Nov 5, 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 -291K -100% $0.00* 0 Nov 5, 2021 Class B Common Stock 291K Direct F1, F4, F5
transaction BIRD Class B Common Stock Conversion of derivative security $0 +291K +281.72% $0.00 394K Nov 5, 2021 Class A Common Stock 291K Direct F1, F5
transaction BIRD Series A Preferred Stock Conversion of derivative security $0 -12.6M -100% $0.00* 0 Nov 5, 2021 Class B Common Stock 12.6M Direct F1, F4, F5
transaction BIRD Class B Common Stock Conversion of derivative security $0 +12.6M +3208.06% $0.00 13M Nov 5, 2021 Class A Common Stock 12.6M Direct F1, F5
transaction BIRD Class B Common Stock Conversion of derivative security $0 -1.44M -11.05% $0.00 11.6M Nov 5, 2021 Class A Common Stock 1.44M Direct F1, F5
transaction BIRD Series Seed Preferred Stock Conversion of derivative security $0 -29.2K -100% $0.00* 0 Nov 5, 2021 Class B Common Stock 29.2K Direct F2, F4, F5
transaction BIRD Class B Common Stock Conversion of derivative security $0 +29.2K +281.65% $0.00 39.5K Nov 5, 2021 Class A Common Stock 29.2K Direct F2, F5
transaction BIRD Series A Preferred Stock Conversion of derivative security $0 -4.14M -100% $0.00* 0 Nov 5, 2021 Class B Common Stock 4.14M Direct F2, F4, F5
transaction BIRD Class B Common Stock Conversion of derivative security $0 +4.14M +10479.44% $0.00 4.18M Nov 5, 2021 Class A Common Stock 4.14M Direct F2, F5
transaction BIRD Class B Common Stock Conversion of derivative security $0 -382K -9.14% $0.00 3.8M Nov 5, 2021 Class A Common Stock 382K Direct F2, F5
transaction BIRD Series Seed Preferred Stock Conversion of derivative security $0 -35.9K -100% $0.00* 0 Nov 5, 2021 Class B Common Stock 35.9K Direct F3, F4, F5
transaction BIRD Class B Common Stock Conversion of derivative security $0 +35.9K +281.65% $0.00 48.7K Nov 5, 2021 Class A Common Stock 35.9K Direct F3, F5
transaction BIRD Series A Preferred Stock Conversion of derivative security $0 -1.57M -100% $0.00* 0 Nov 5, 2021 Class B Common Stock 1.57M Direct F3, F4, F5
transaction BIRD Class B Common Stock Conversion of derivative security $0 +1.57M +3221.1% $0.00 1.62M Nov 5, 2021 Class A Common Stock 1.57M Direct F3, F5
transaction BIRD Class B Common Stock Conversion of derivative security $0 -178K -11.04% $0.00 1.44M Nov 5, 2021 Class A Common Stock 178K 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.