Japjit Tulsi - 01 Jun 2023 Form 4 Insider Report for Matterport, Inc./DE

Role: Chief Technology Officer
Signature: /s/ Matthew Zinn, Attorney-in-Fact
Issuer symbol: N/A
Transactions as of: 01 Jun 2023
Net transactions value: -$129,760
Form type: 4
Filing time: 05 Jun 2023, 21:03:56 UTC
Previous filing: 19 May 2023
Next filing: 18 Jul 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MTTR	Class A Common Stock	Award	$7,574	+3,000	+1.7%	$2.52	179,906	31 May 2023	Direct	F1
transaction	MTTR	Class A Common Stock	Options Exercise	$0	+17,500	+9.7%	$0.000000	197,406	01 Jun 2023	Direct
transaction	MTTR	Class A Common Stock	Sale	$137,334	-51,575	-26%	$2.66	145,831	02 Jun 2023	Direct	F2, F3

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	Options Exercise	$0	-17,500	-1.4%	$0.000000	1,241,541	01 Jun 2023	Class A Common Stock	17,500		Direct	F4, F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	These shares were acquired under the Company's Employee Stock Purchase Plan.
F2	The sales reported on this Form 4 represent shares automatically sold in a non-discretionary transaction to cover taxes and fees in connection with the vesting and settlement of restricted stock unit awards.
F3	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.56 to $2.93. 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.
F4	Each restricted stock unit represents a contingent right to receive one share of the Company's Class A Common Stock.
F5	The restricted stock units commenced vesting on March 1, 2023 and the underlying shares will vest in equal quarterly installments thereafter until fully vested on March 1, 2027.