Japjit Tulsi - Sep 1, 2023 Form 4 Insider Report for Matterport, Inc./DE (MTTR)

Role
Chief Technology Officer
Signature
/s/ Matthew Zinn, Attorney-in-Fact
Stock symbol
MTTR
Transactions as of
Sep 1, 2023
Transactions value $
-$141,101
Form type
4
Date filed
9/6/2023, 11:11 AM
Previous filing
Jul 18, 2023
Next filing
Oct 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MTTR Class A Common Stock Options Exercise $0 +17.5K +6.87% $0.00 272K Sep 1, 2023 Direct
transaction MTTR Class A Common Stock Sale -$141K -54K -19.84% $2.61 218K Sep 5, 2023 Direct F1, 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
transaction MTTR Restricted Stock Unit Options Exercise $0 -17.5K -1.54% $0.00 1.12M Sep 1, 2023 Class A Common Stock 17.5K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.59 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.
F3 Each restricted stock unit represents a contingent right to receive one share of the Company's Class A Common Stock.
F4 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.