Jon Kirchner - Oct 7, 2022 Form 4 Insider Report for Xperi Inc. (XPER)

Role
CEO & President, Director
Signature
/s/ Robert J. Andersen, as Attorney-in-Fact
Stock symbol
XPER
Transactions as of
Oct 7, 2022
Transactions value $
$0
Form type
4
Date filed
10/12/2022, 09:32 PM
Previous filing
Oct 4, 2022
Next filing
Mar 3, 2023

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 XPER Stock Options (Right to Buy) Award +15.9K 15.9K Oct 7, 2022 Common Stock 15.9K $21.26 Direct F1, F2
transaction XPER Stock Options (Right to Buy) Award +12.6K 12.6K Oct 7, 2022 Common Stock 12.6K $21.15 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents stock options granted by Xperi Holding Corporation that have been converted into stock options of the Issuer in connection with the spin-off of the Issuer from Xperi Holding Corporation (the "Spin-off"). The stock options reported herein were determined on October 7, 2022, based on a five-day volume weighted average price of the Issuer's common stock following the closing of the Spin-off. These stock options are subject to the same terms and conditions applicable to such Xperi Holding Corporation awards.
F2 Reflects stock options that are fully vested.