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

Role
Chief Operating Officer
Signature
/s /Warren Heit, attorney-in-fact for ZAGORSEK MICHAEL
Stock symbol
SOUN
Transactions as of
Apr 26, 2022
Transactions value $
$0
Form type
3
Date filed
5/6/2022, 04:56 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 417K $2.16 Direct F1
holding SOUN Stock Options (Right to buy) Apr 26, 2022 Class A Common Stock 139K $2.18 Direct F2
holding SOUN Stock Options (Right to buy) Apr 26, 2022 Class A Common Stock 139K $2.90 Direct F3
holding SOUN Stock Options (Right to buy) Apr 26, 2022 Class A Common Stock 444K $3.67 Direct F4
* 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") (the "Transaction"), in exchange for SoundHound stock options granted on July 26, 2026. The shares subject to the option vested 25% on July 11, 2017 and then in 36 equal monthly installments thereafter. The stock option is fully vested as of the date of this filing.
F2 Represents stock options issued in the Transaction in exchange for SoundHound stock options granted on September 6, 2017. The shares subject to the option vested 25% on August 1, 2018 and then in 36 equal monthly installments thereafter. The stock option is fully vested as of the date of this filing.
F3 Represents stock options issued in the Transaction in exchange for SoundHound stock options granted on August 15, 2019. The shares subject to the option vested 25% on August 1, 2020 and then in 36 equal monthly installments thereafter.
F4 Represents stock options issued in the Transaction in exchange for SoundHound stock options granted on October 27, 2020. The shares subject to the option vests in 48 equal monthly installments beginning on November 1, 2020.