Mohajer Keyvan - Apr 26, 2022 Form 3 Insider Report for SOUNDHOUND AI, INC. (SOUN)

Role
CEO, Director, 10%+ Owner
Signature
/s /Warren Heit, attorney-in-fact for MOHAJER KEYVAN
Stock symbol
SOUN
Transactions as of
Apr 26, 2022
Transactions value $
$0
Form type
3
Date filed
5/6/2022, 04:55 PM
Next filing
Aug 9, 2022

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
holding SOUN Class B Common Stock Apr 26, 2022 Class A Common Stock 16.6M Direct F1, F2
holding SOUN Stock Options (Right to buy) Apr 26, 2022 Class A Common Stock 833K $2.18 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the issuance of the Issuer's securities in exchange for securities of SoundHound, Inc. ("SoundHound") pursuant to that certain Merger Agreement, dated as of November 15, 2021, by and among Archimedes Tech SPAC Partners Co., ATSPC Merger Sub, Inc. and SoundHound (the "Transaction").
F2 Each share of Class B Common Stock is convertible into one share of Class A Common Stock at any time at the option of the reporting person or automatically or on the earliest to occur of certain events specified in the Issuer's Second Amended and Restated Certificate of Incorporation. The Class B Common Stock has no expiration date.
F3 Represents stock options issued in the Transaction in exchange for SoundHound stock options granted on February 3, 2012 and March 28, 2017. The shares subject to the option vested 100% at grant date.