Joseph Vernachio - 18 Jan 2023 Form 4 Insider Report for Allbirds, Inc. (BIRD)

Signature
/s/ Daniel Li Attorney-in-Fact
Issuer symbol
BIRD
Transactions as of
18 Jan 2023
Net transactions value
$0
Form type
4
Filing time
20 Jan 2023, 16:54:53 UTC
Previous filing
06 Dec 2022
Next filing
06 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BIRD Class A Common Stock Award $0 +195,402 +105% $0.000000 380,722 18 Jan 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share is represented by a restricted stock unit ("RSU"). Each RSU represents a contingent right to receive one share of the Issuer's Class A common stock upon settlement. 1/2 of the RSUs shall vest on June 1, 2024, and the remainder of the RSUs shall vest in a series of 3 successive equal 6-month installments 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.