Francis Davidson - Jan 21, 2022 Form 4/A - Amendment Insider Report for Sonder Holdings, Inc. (SOND)

Role
Chief Executive Officer, Director
Signature
/s/ Ruby Alexander attorney-in-fact for Francis Davidson
Stock symbol
SOND
Transactions as of
Jan 21, 2022
Transactions value $
-$14,999,998
Form type
4/A - Amendment
Date filed
1/25/2022, 04:41 PM
Date Of Original Report
Jan 18, 2022
Previous filing
Jan 18, 2022
Next filing
May 16, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SOND Common Stock Sale -$15M -1.83M -35.2% $8.20* 3.37M Jan 21, 2022 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This amended Form 4 does not report a new transaction by the Reporting Person. It is being filed solely to correct the date of the sale transaction previously reported on the Form 4 filed on January 18, 2022.
F2 A portion of the shares are subject to repurchase by the Issuer, which repurchase rights will lapse as to such shares as set forth in the restricted stock purchase agreement dated as of December 2, 2019 entered into between the Reporting Person and Private Company Sonder (as previously defined in the Form 4 filed on January 18, 2022), provided that the Reporting Person remains a service provider to the Issuer through such respective repurchase periods.
F3 As a result of the Business Combination (as previously defined in the Form 4 filed on January 18, 2022), the Reporting Person is entitled to receive his pro rata portion of additional shares of Common Stock for no additional consideration, if the daily volume weighted average price (based on such trading day) of one share exceeds certain thresholds for a period of at least 10 days out of 20 consecutive trading days, as adjusted, at any time during the 5 year period beginning on the 180th day following the closing of the Business Combination.