Boyd C. Johnson - Aug 20, 2023 Form 4 Insider Report for Spire Global, Inc. (SPIR)

Signature
/s/ Jonathan Zimmerman, by Power of Attorney for Boyd C. Johnson
Stock symbol
SPIR
Transactions as of
Aug 20, 2023
Transactions value $
-$6,655
Form type
4
Date filed
8/24/2023, 07:21 PM
Previous filing
May 30, 2023
Next filing
Nov 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPIR Class A Common Stock Sale -$6.66K -11.1K -1.13% $0.60 968K Aug 20, 2023 Direct F1
holding SPIR Class A Common Stock 680 Aug 20, 2023 By self as UTMA custodian for daughter
* 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 April 14, 2023.