Chad Steelberg - 22 Apr 2022 Form 4 Insider Report for Veritone, Inc. (VERI)

Role
Director, 10%+ Owner
Signature
/s/ Craig Gatarz, As Attorney-in-fact
Issuer symbol
VERI
Transactions as of
22 Apr 2022
Net transactions value
-$9,265
Form type
4
Filing time
25 Apr 2023, 16:05:52 UTC
Previous filing
11 May 2022
Next filing
06 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VERI Common Stock Award $0 +3,692 +0.73% $0.000000 508,349 22 Apr 2022 Direct F1, F2
transaction VERI Common Stock Tax liability $9,265 -1,831 -0.36% $5.06 506,518 22 Apr 2023 Direct F3
transaction VERI Common Stock Award $0 +19,743 $0.000000 19,743 22 Apr 2023 Held by Steel Holdings, LLC F4, F5
holding VERI Common Stock 59,629 22 Apr 2022 The C&CS Family Trust dated September 7, 2012 F6
holding VERI Common Stock 160,426 22 Apr 2022 Held by CSVH, LLC F7
holding VERI Common Stock 425,603 22 Apr 2022 Held by Son F8
holding VERI Common Stock 425,603 22 Apr 2022 Held by Daughter F9
holding VERI Common Stock 425,603 22 Apr 2022 Held by spouse as custodian F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of restricted stock units ("RSUs") representing the right to receive shares of the issuer's common stock upon vesting. The RSUs vested in full on April 22, 2023.
F2 Represents the number of shares held as of April 22, 2023.
F3 Represents shares that were withheld for payment of taxes upon vesting of restricted stock units.
F4 Pursuant to the Independent Contractor Services Agreement, dated as of January 4, 2023, by and between the issuer and Steel Holdings, LLC, an entity affiliated with the reporting person ("Consultant"), on January 31, 2023, the Consultant was granted restricted stock units, the vesting of which was subject to both performance-based and service-based conditions ("PSUs"). The number of shares reported represents the number of PSUs that were earned as a result of the achievement of certain of the performance conditions.
F5 Reporting person is the sole manager and member of Steel Holdings, LLC.
F6 Reporting person is the trustee of The C&CS Family Trust dated September 7, 2012 and, as such, reporting person may be deemed a beneficial owner of such shares. Reporting person disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein.
F7 Reporting person is the sole manager and member of CSVH, LLC.
F8 Shares are held by reporting person's son. Reporting person disclaims beneficial ownership of such shares.
F9 Shares are held by reporting person's daughter. Reporting person disclaims beneficial ownership of such shares.
F10 Shares are held by reporting person's spouse, as custodian for his minor daughter. Reporting person disclaims beneficial ownership of such shares.