Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
holding | SOUN | Class A Common Stock | 751K | Apr 26, 2022 | Direct | F1 | |||||
holding | SOUN | Restricted Stock Unit (RSU) | 99.4K | Apr 26, 2022 | Direct | F2 |
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 | 222K | $1.39 | Direct | F3 | ||||||
holding | SOUN | Stock Options (Right to buy) | Apr 26, 2022 | Class A Common Stock | 417K | $2.18 | Direct | F4 | ||||||
holding | SOUN | Stock Options (Right to buy) | Apr 26, 2022 | Class A Common Stock | 167K | $2.90 | Direct | F5 |
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 | Represents Restricted Stock Units ("RSUs") issued in the Transaction in exchange for SoundHound RSUs granted on March 31, 2022. The shares subject to this RSU award shall vest 100% on November 15, 2022. |
F3 | Represents stock options issued in the Transaction in exchange for SoundHound options granted between October17, 2006 and May19, 2015. The shares subject to the option vested 100% at grant date. |
F4 | Represents stock options issued in the Transaction in exchange for SoundHound options granted on December 15, 2016. The shares subject to the option vested in 48 equal monthly installments. The stock option is fully vested as of the date of this filing. |
F5 | Represents stock options issued in the Transaction in exchange for SoundHound options granted on August 15, 2019. The shares subject to the option vested 25% of the shares on January 8, 2019 and the remainder vests in 36 equal monthly installments thereafter, subject to Reporting Person's continuous service through each such vesting date. |