Frits D. Van Paasschen - Jun 6, 2023 Form 4 Insider Report for Sonder Holdings Inc. (SOND)

Role
Director
Signature
/s/ Ruby Alexander Attorney-in Fact for Frits D. Van Paasschen
Stock symbol
SOND
Transactions as of
Jun 6, 2023
Transactions value $
$0
Form type
4
Date filed
6/8/2023, 05:16 PM
Previous filing
Jun 1, 2023
Next filing
Dec 8, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SOND Common Stock Options Exercise +87.4K +124.97% 157K Jun 6, 2023 Direct F1

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 SOND Restricted Stock Units Options Exercise -87.4K -100% 0 Jun 6, 2023 Common Stock 87.4K Direct F1, F2
transaction SOND Restricted Stock Units Award +250K 250K Jun 7, 2023 Common Stock 250K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents the right to receive, at settlement, one share of common stock. This transaction represents the settlement of restricted stock units in shares of common stock on their scheduled vesting date.
F2 This award was granted on June 7, 2022. 87,431 restricted stock units subject to the award vested on earlier of (i) the one-year anniversay of the grant date of June 7, 2023, or (ii) the date of the issuer 2023 annual meeting of shareholders
F3 Each restricted stock unit represents a contingent right to receive one share of common stock.
F4 Restricted stock units will vest in full on the earlier of (i) the one-year anniversary of the grant date of June 07, 2023, or (ii) the date of the issuers 2024 annual meeting of shareholders.