Raymond J. Pittman - Sep 1, 2023 Form 4 Insider Report for Matterport, Inc./DE (MTTR)

Role: Chief Executive Officer, Director
Signature: /s/ Matthew Zinn, Attorney-in-Fact
Stock symbol: MTTR
Transactions as of: Sep 1, 2023
Transactions value $: -$715,477
Form type: 4
Date filed: 9/6/2023, 11:44 AM
Previous filing: Jul 18, 2023
Next filing: Sep 6, 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	+57.5K	+1.99%	$0.00	2.94M	Sep 1, 2023	Direct
transaction	MTTR	Class A Common Stock	Sale	-$715K	-274K	-9.3%	$2.61	2.67M	Sep 1, 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	-57.5K	-1.25%	$0.00	4.54M	Sep 1, 2023	Class A Common Stock	57.5K		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.