Matt Meeker - 15 Apr 2022 Form 4 Insider Report for Bark, Inc. (BARK)

Role: Executive Chairman, Director
Signature: Matt Meeker
Issuer symbol: BARK
Transactions as of: 15 Apr 2022
Net transactions value: $0
Form type: 4
Filing time: 19 Apr 2022, 18:17:18 UTC
Previous filing: 03 Jun 2021
Next filing: 07 Jun 2022
SEC: View on sec.gov

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	BARK	Stock Option (right to buy)	Award	$0	+600,000	+46%	$0.000000	1,911,385	15 Apr 2022	Common Stock	600,000	$3.31	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On April 15, 2022, options to purchase 600,000 shares were granted to the Reporting Person by the Issuer. The options will vest in three separate tranches as follows: 200,000 options vest when the stock price of the Issuer meets or exceeds $8.00 for 30 consecutive days; 200,000 options vest when the stock price of the Issuer meets or exceeds $12.00 for 30 consecutive days; and 200,000 options vest when the stock price of the Issuer meets or exceeds $16.00 for 30 consecutive days. These options expire on April 15, 2025 regardless of whether any of the options have vested.

Content

On April 15, 2022, options to purchase 600,000 shares were granted to the Reporting Person by the Issuer. The options will vest in three separate tranches as follows: 200,000 options vest when the stock price of the Issuer meets or exceeds $8.00 for 30 consecutive days; 200,000 options vest when the stock price of the Issuer meets or exceeds $12.00 for 30 consecutive days; and 200,000 options vest when the stock price of the Issuer meets or exceeds $16.00 for 30 consecutive days. These options expire on April 15, 2025 regardless of whether any of the options have vested.