Stewart Lyons - Jan 24, 2023 Form 4 Insider Report for Bird Global, Inc. (BRDS)

Role
President
Signature
/s/ Courtney Schoch, Attorney-in-Fact
Stock symbol
BRDS
Transactions as of
Jan 24, 2023
Transactions value $
$0
Form type
4
Date filed
1/26/2023, 08:58 PM
Previous filing
Jan 5, 2023
Next filing
Aug 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BRDS Class A Common Stock Award $0 +2.5M +64.46% $0.00 6.38M Jan 24, 2023 Direct F1
transaction BRDS Class A Common Stock Award $0 +1.5M +23.52% $0.00 7.88M Jan 24, 2023 Direct F2
* 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 ("RSU") under Issuer's 2021 Incentive Award Plan; each RSU will vest as to 1/12 of the RSUs on March 1, 2023 and with respect to 1/12 of the RSUs on each of the first quarterly anniversaries thereafter. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
F2 Represents performance vesting RSUs earned upon satisfaction of performance goals in connection with performance-based RSUs, which vests as to 1/6 of the total RSU on each quarterly anniversary of the grant date, subject to Reporting Person's continued employment through the applicable vesting date.