Type | Sym | Class | Transaction | Value $ | Shares | Change % | Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | BARK | Common Stock | Options Exercise | $808 K | +792 K | +4243% | $1.02 | 811 K | Mar 22, 2022 | Direct | |
transaction | BARK | Common Stock | Tax liability | -$808 K | -197 K | -24.25% | $4.11 | 614 K | Mar 22, 2022 | Direct | F1 |
holding | BARK | Common Stock | 11 M | Mar 22, 2022 | By LLC | F2 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | BARK | Stock Option (right to buy) | Tax liability | -$3.26 M | -792 K | -100% | $4.11 | 0 | Mar 22, 2022 | Common Stock | 792 K | $1.02 | Direct | F3 |
Id | Content |
---|---|
F1 | The Issuer withheld 196,639 shares of common stock of BARK on the net exercise of the Stock Option to satisfy the exercise price of $1.02 per share based on the BARK closing stock price of $4.11 on March 22, 2022. |
F2 | The shares of Common Stock were received in exchange for 1,262,831 shares of common stock of BARK in connection with the Merger. The shares are held by Prehype Ventures LLC. The Reporting Person is the managing member of Prehype Ventures LLC and has sole voting and investment power with regard to the shares held by Prehype Ventures LLC. |
F3 | The Stock Option was received in exchange for an option to purchase 90,630 shares of common stock of BARK in connection with the Merger. The Stock Option is fully vested. |
The reporting person received 595,699 shares of common stock on net exercise of an option for 792,338 shares of common stock. The Issuer withheld 196,639 shares of common stock underlying the option for payment of the exercise price of $1.02 based on the closing stock price on March 22, 2022 of $4.11.