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

Signature
/s /Warren Heit, attorney-in-fact for SHARAN NITESH
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 Stock Options (Right to buy) Apr 26, 2022 Class A Common Stock 309K $7.51 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents stock options issued 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, Inc. ("SoundHound"), in exchange for SoundHound stock options granted on September 27, 2021. The shares subject to the option shall vest 25% of the shares on September 15, 2022 and the remainder vests in 36 equal monthly installments thereafter, subject to Reporting Person's continuous service through each such vesting date.