| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | SOUN | Class A Common Stock | Conversion of derivative security | +121,506 | +88% | 259,888 | 27 Jun 2024 | Direct | F1, F2 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | SOUN | Series A Preferred Stock | Conversion of derivative security | $0 | -3,334 | -100% | $0.000000* | 0 | 27 Jun 2024 | Class A Common Stock | 121,506 | Direct | F2, F3, F4 |
| Id | Content |
|---|---|
| F1 | The acquisition of the Series A Preferred Stock was previously reported on a Form 4 in January 2023 in Table I and the disposition of the Series A Preferred Stock is being corrected in this Form 4 to be reported in Table II. |
| F2 | Each share of Series A Preferred Stock was automatically converted on June 27, 2024 at the conversion ratio, which conversion ratio was determined by taking the sum of the original issue price of $30.00 per share of Series A Preferred Stock, plus all accrued dividends, divided by the conversion price of $1.00 per share. |
| F3 | The Series A Preferred Stock was convertible at the option of the holder beginning on May 2, 2023 following the completion by the registrant of certain conditions. |
| F4 | The Series A Preferred Stock was perpetual and therefore had no expiration date. |