Ann Mitchell - 01 Mar 2025 Form 4 Insider Report for Allbirds, Inc. (BIRD)

Signature
/s/ Brandon Une, Attorney-in-Fact
Issuer symbol
BIRD
Transactions as of
01 Mar 2025
Net transactions value
-$11,494
Form type
4
Filing time
04 Mar 2025, 17:51:22 UTC
Previous filing
03 Dec 2024
Next filing
05 Jun 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BIRD Class A Common Stock Award $0 +21,500 +35% $0.000000 82,475 01 Mar 2025 Direct F1
transaction BIRD Class A Common Stock Sale $11,494 -1,876 -2.3% $6.13 80,599 03 Mar 2025 Direct F2, F3
* 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 March 1, 2025, 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 The sales reported on this Form 4 represent shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units. The sales were to satisfy tax withholding obligations to be funded by a "sell to cover" transaction and do not represent discretionary transactions by the Reporting Person.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.0201 to $6.3000 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.