Japjit Tulsi - Dec 1, 2024 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
Dec 1, 2024
Transactions value $
-$402,529
Form type
4
Date filed
12/3/2024, 07:01 PM
Previous filing
Oct 16, 2024

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 +2.73% $0.00 660K Dec 1, 2024 Direct
transaction MTTR Class A Common Stock Options Exercise $0 +34.1K +5.17% $0.00 694K Dec 1, 2024 Direct
transaction MTTR Class A Common Stock Sale -$403K -85K -12.25% $4.73 609K Dec 2, 2024 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 -1.79% $0.00 961K Dec 1, 2024 Class A Common Stock 17.5K Direct F3, F4
transaction MTTR Restricted Stock Unit Options Exercise $0 -34.1K -3.55% $0.00 927K Dec 1, 2024 Class A Common Stock 34.1K Direct F3, F5
* 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 $4.71 to $4.765. 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.
F5 The restricted stock units commenced vesting on March 1, 2024 and the underlying shares will vest in equal quarterly installments thereafter until fully vested on March 1, 2028.