Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | MTTR | Restricted Stock Units | Award | $0 | +38.1K | $0.00 | 38.1K | Jul 6, 2022 | Class A Common Stock | 38.1K | Direct | F1, F2, F3 |
Id | Content |
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F1 | Each restricted stock unit ("RSU") represents a contingent right to receive one share of Matterport, Inc. (the "Company") Class A common stock. |
F2 | The reporting person has irrevocably assigned and transferred to Lux Capital Management, LLC ("LCM"), for the ratable benefit of the investment funds and other investment vehicles managed by LCM and/or its affiliates that hold securities of or other financial interests in the Company, all the reporting person's right, title and interest in and to the fees, whether payable and/or paid in cash, securities or other consideration, that the reporting person receives for his service as a director of the Company. As a result of such irrevocable assignment, the reporting person does not have any pecuniary interest in the RSUs or the shares of Class A Common Stock underlying the RSUs that are reported herein. |
F3 | The RSUs shall vest in full on the earlier to occur of (i) July 6, 2023 and (ii) the date of the Company's 2023 annual meeting of shareholders, subject to the Reporting Person's continued service with the Company through such vesting date. |