David O. Sacks - Jun 8, 2022 Form 4 Insider Report for Bird Global, Inc. (BRDS)

Role
Director
Signature
/s/ Kevin Lee, attorney-in-fact
Stock symbol
BRDS
Transactions as of
Jun 8, 2022
Transactions value $
$0
Form type
4
Date filed
6/10/2022, 06:22 PM
Previous filing
Mar 1, 2022
Next filing
Jul 10, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BRDS Class A Common Stock Award $0 +202K +599.6% $0.00 235K Jun 8, 2022 Direct F1
holding BRDS Class A Common Stock 2.29M Jun 8, 2022 See Footnote F2
holding BRDS Class A Common Stock 20.8M Jun 8, 2022 See Footnote F3
holding BRDS Class A Common Stock 3.89M Jun 8, 2022 See Footnote F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents an award of restricted stock units, which vests in full on the earlier to occur of: (i) June 8, 2023, and (ii) the date of the 2023 annual meeting of the Issuer's stockholders. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock. This award is made pursuant to the Issuer's Non-Employee Director Compensation Program.
F2 Represents shares held by Craft Ventures I-B, L.P. ("Craft I-B"). Craft Ventures GP I, LLC ("Craft GP I") is the general partner of Craft I-B. Mr. Sacks disclaims beneficial ownership of these securities for purposes of Section 16 of the Exchange Act except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that he is a beneficial owner of such securities for the purpose of Section 16 of the Exchange Act, or for any other purpose.
F3 Represents shares held by Craft Ventures I, L.P. ("Craft I"). Craft GP I is the general partner of Craft I and David O. Sacks is a managing member of Craft GP I. Mr. Sacks disclaims beneficial ownership of these securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that he is a beneficial owner of such securities for the purpose of Section 16 of the Exchange Act, or for any other purpose.
F4 Represents shares held by Craft Ventures I-A, L.P. ("Craft I-A"). Craft GP I is the general partner of Craft I-A. Mr. Sacks disclaims beneficial ownership of these securities for purposes of Section 16 of the Exchange Act except to the extent his pecuniary interest therein, if any, and this report shall not be deemed an admission that he is a beneficial owner of such securities for the purpose of Section 16 of the Exchange Act, or for any other purpose.