Japjit Tulsi - Mar 14, 2023 Form 4 Insider Report for Matterport, Inc./DE (MTTR)

Signature
/s/ Matthew Zinn, Attorney-in-Fact
Stock symbol
MTTR
Transactions as of
Mar 14, 2023
Transactions value $
-$461,353
Form type
4
Date filed
3/16/2023, 04:17 PM
Previous filing
Mar 29, 2023
Next filing
Apr 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MTTR Class A Common Stock Sale -$461K -175K -41.85% $2.64 243K Mar 14, 2023 Direct F1

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
transaction MTTR Restricted Stock Unit Award $0 +280K +25.74% $0.00 1.37M Mar 15, 2023 Class A Common Stock 280K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.63 USD to $2.645. The reporting person undertakes to provide Matterport, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F2 Each restricted stock unit represents a contingent right to receive one share of the Company's Class A Common Stock.
F3 The award will vest as to 1/16th of the RSUs subject thereto on each quarterly anniversary of March 1, 2023, subject to Grantee's continued status as a Service Provider (as defined in the Company's 2021 Incentive Award Plan (the "Plan")) through the applicable vesting date.