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

Signature
/s /Warren Heit, attorney-in-fact for STONEHOCKER TIMOTHY
Stock symbol
SOUN
Transactions as of
Apr 26, 2022
Transactions value $
$0
Form type
3
Date filed
5/6/2022, 04:57 PM
Next filing
Aug 9, 2022

Transactions Table

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

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 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
* 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 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.