Joseph Zwillinger - Feb 23, 2023 Form 4 Insider Report for Allbirds, Inc. (BIRD)

Role: Co-Chief Executive Officer, Director, 10%+ Owner
Signature: /s/ Daniel Li, Attorney-in-Fact
Stock symbol: BIRD
Transactions as of: Feb 23, 2023
Transactions value $: -$19,954
Form type: 4
Date filed: 2/24/2023, 05:32 PM
Previous filing: Feb 22, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BIRD	Class A Common Stock	Conversion of derivative security	$0	+7.26K		$0.00	7.26K	Feb 23, 2023	By Trust	F1, F2
transaction	BIRD	Class A Common Stock	Sale	-$20K	-7.26K	-100%	$2.75	0	Feb 23, 2023	By Trust	F2, F3, F4

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	BIRD	Class B Common Stock	Conversion of derivative security	$0	-7.26K	-0.07%	$0.00	10.9M	Feb 23, 2023	Class A Common Stock	7.26K	$0.00	By Trust	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each share of Class B Common Stock is convertible at any time at the option of the Reporting Person into one share of Class A Common Stock and has no expiration date. Each share of Class B Common Stock held by the Reporting Person will convert automatically into one share of Class A Common Stock upon the sale or transfer of such share of Class B Common Stock, subject to certain exceptions, and in certain other circumstances described in the Issuer's amended and restated certificate of incorporation.
F2	Shares are held of record by Joseph Z. Zwillinger and Elizabeth L. Zwillinger, as Trustees of the Twin Wolves Revocable Trust under Revocable Trust Agreement dated September 27, 2017, of which the Reporting Person is co-trustee and shares voting and investment power over such shares.
F3	The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan
F4	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.75 to $2.765, inclusive. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.