Peter Hebert - Jun 10, 2024 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 10, 2024
Transactions value $: $0
Form type: 4
Date filed: 6/12/2024, 07:05 PM
Previous filing: Aug 18, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	MTTR	Common Stock						280K	Jun 10, 2024	Direct	F1

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	-60.8K	-100%	$0.00^*	0	Jun 10, 2024	Class A Common Stock	60.8K		Direct	F2, F3, F4
transaction	MTTR	Restricted Stock Unit	Award	$0	+39.3K		$0.00	39.3K	Jun 10, 2024	Class A Common Stock	39.3K		Direct	F2, F3, F5

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

Explanation of Responses:

Id	Content
F1	Amount of securities beneficially owned does not include shares of the Company's Class A common stock (the "Common Stock") owned by Lux Ventures III, L.P., Lux Ventures III Special Founders Fund, L.P., Lux Ventures Cayman III, L.P. or Lux Co-Invest Opportunities, L.P. (collectively, the "Lux Entities"). The Lux Entities separately report their ownership of the Common Stock pursuant to Section 13 of the Securities Exchange Act of 1934, as amended. Peter Hebert is a managing member of the general partners of each of the Lux Entities, and as such may be deemed to share voting and dispositive power over the shares held by the Lux Entities. Mr. Hebert disclaims beneficial ownership over such shares except to the extent of his pecuniary interest therein, if any.
F2	Each restricted stock unit represents a contingent right to receive one share of the Company's Class A Common Stock.
F3	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.
F4	The RSUs vested in full on June 10, 2024, which is the date of the Company's 2024 annual meeting of shareholders.
F5	The RSUs shall vest in full on the earlier to occur of (i) June 10, 2025 and (ii) the date of the Company's 2025 annual meeting of shareholders, subject to the Reporting Person's continued service with the Company through such vesting date.