Ann Freeman - 16 Aug 2022 Form 4 Insider Report for Allbirds, Inc. (BIRD)

Role
Director
Signature
/s/ Daniel Li, Attorney-in-Fact
Issuer symbol
BIRD
Transactions as of
16 Aug 2022
Net transactions value
$0
Form type
4
Filing time
16 Aug 2022, 18:21:42 UTC
Next filing
13 Jun 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BIRD Class A Common Stock Award $0 +47,528 $0.000000 47,528 16 Aug 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Pursuant to the Issuer's Non-Employee Director Compensation Policy, the reported securities represent the automatic initial grant of restricted stock units ("RSUs") to the Reporting Person upon her appointment to the Issuer's Board of Directors on August 16, 2022. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. 1/3 of the RSUs shall vest on August 16, 2023, and 1/3 of the RSUs shall vest yearly thereafter, in each case subject to the Reporting Person's Continuous Service (as defined in the Issuer's 2021 Equity Incentive Plan) through the applicable vesting date.