| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | SOUN | Class A Common Stock | Sale | -$275K | -68K | -5.98% | $4.04 | 1.07M | Jun 20, 2024 | Direct | F1 |
| transaction | SOUN | Class A Common Stock | Sale | -$460K | -117K | -10.89% | $3.95 | 953K | Jun 24, 2024 | Direct | F2, F3 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| Id | Content |
|---|---|
| F1 | The sale reported herein was made to satisfy tax withholding obligations in connection with the vesting of shares of restricted stock units granted to the reporting person on July 20, 2022, September 7, 2022, and August 3, 2023. |
| F2 | This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person in March 2024. |
| F3 | This transaction was executed in multiple trades during the day at prices ranging from $3.88 to $4.06. The weighted-average price is reported above. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected. |