Theresa Condor - May 22, 2023 Form 4 Insider Report for Spire Global, Inc. (SPIR)

Signature
/s/ Jonathan Zimmerman, by Power of Attorney for Theresa Condor05/25/2023
Stock symbol
SPIR
Transactions as of
May 22, 2023
Transactions value $
-$53,726
Form type
4
Date filed
5/30/2023, 04:15 PM
Previous filing
Apr 18, 2023
Next filing
Aug 24, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPIR Common Stock Sale -$17.9K -24.7K -1.17% $0.72 2.09M May 22, 2023 Direct F1
transaction SPIR Common Stock Sale -$16.6K -22.4K -1.07% $0.74 2.07M May 23, 2023 Direct F1
transaction SPIR Common Stock Sale -$19.3K -26.2K -1.26% $0.74 2.05M May 24, 2023 Direct F1
holding SPIR Common Stock 12.1M May 22, 2023 By Spouse F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The shares were sold to cover taxes associated with the settlement of stock units, pursuant to an automatic sale-to-cover instruction in the applicable award agreement, which award agreement intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) was dated February 4, 2022.
F2 Theresa Condor and Peter Platzer, as husband and wife, share beneficial ownership of the securities held by each other.