Peter Hebert - Jun 27, 2023 Form 4 Insider Report for Matterport, Inc./DE (MTTR)

Role
Director
Signature
/s/ Matthew Zinn, Attorney-in-Fact
Stock symbol
MTTR
Transactions as of
Jun 27, 2023
Transactions value $
$0
Form type
4
Date filed
6/29/2023, 06:40 PM
Previous filing
Jun 29, 2023
Next filing
Aug 18, 2023

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 +60.8K $0.00 60.8K Jun 27, 2023 Class A Common Stock 60.8K Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of the Company's 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) June 27, 2024 and (ii) the date of the Company's 2024 annual meeting of shareholders, subject to the Reporting Person's continued service with the Company through such vesting date.