Ann Mitchell - Sep 1, 2024 Form 4 Insider Report for Allbirds, Inc. (BIRD)

Signature
/s/ Brandon Une, Attorney-in-Fact
Stock symbol
BIRD
Transactions as of
Sep 1, 2024
Transactions value $
$0
Form type
4
Date filed
9/26/2024, 06:01 PM
Previous filing
Aug 15, 2024
Next filing
Sep 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BIRD Class A Common Stock Award $0 +20K +49.72% $0.00 60.2K Sep 1, 2024 Direct F1, F2
* 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. 1/12 of the RSUs shall vest on the three month anniversary of September 1, 2024, and 1/12 of the RSUs shall vest quarterly 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.
F2 Effective on September 4, 2024, the Issuer effected a 1 for 20 reverse stock split of its common stock (the "Reverse Stock Split"). The amount of securities reported on this Form 4 has been adjusted to reflect the Reverse Stock Split.