Sanjay Banker - Jan 1, 2024 Form 4 Insider Report for Sonder Holdings Inc. (SOND)

Role
Director
Signature
/s/ Ruby Alexander Attorney-in Fact for Sanjay Banker
Stock symbol
SOND
Transactions as of
Jan 1, 2024
Transactions value $
$0
Form type
4
Date filed
1/2/2024, 07:09 PM
Previous filing
Jun 8, 2023
Next filing
Aug 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SOND Common Stock Options Exercise +4.2K 4.2K Jan 1, 2024 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 -4.2K -33.34% 8.4K Jan 1, 2024 Common Stock 4.2K Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit, or RSU, represents a contingent right to receive one share of common stock.
F2 The RSUs will vest in three equal annual installments beginning on the first anniversary of the date the reporting person became a director of the issuer's board of directors, subject to the reporting person's provision of service to the issuer on each vesting date.
F3 On September 20, 2023 the Issuer effected a 1-for-20 reverse stock split (the "Reverse Stock Split"). The number of securities reported on this Form 4 have been adjusted to reflect the Reverse Stock Split.