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

Role
President
Signature
/s/ Courtney Schoch, Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
24 Jan 2023
Net transactions value
$0
Form type
4
Filing time
26 Jan 2023, 20:58:55 UTC
Previous filing
05 Jan 2023
Next filing
22 Aug 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BRDS Class A Common Stock Award $0 +2,500,000 +64% $0.000000 6,378,211 24 Jan 2023 Direct F1
transaction BRDS Class A Common Stock Award $0 +1,500,000 +24% $0.000000 7,878,211 24 Jan 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.