Key facts
- This page summarizes CRAFT VENTURES GP I, LLC's Form 3 filing for Bird Global, Inc..
- 0 reported transactions and 3 derivative rows are listed below.
- Accepted by SEC: 23 Nov 2021, 18:03.
CRAFT VENTURES GP I, LLC - 04 Nov 2021 Form 3 Insider Report for Bird Global, Inc.
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- N/A
- Reported as of
- 04 Nov 2021
- Net transaction value
- $0
- Reporting owner signature
- Craft Ventures I, L.P. By: Craft Ventures GP I, LLC, its general partner By: /s/ David O. Sacks, Managing Member
Source evidence
Original filing metadata and source links for verification.
3 source fields
Reporting owner
1 detail
Key filing fact
CRAFT VENTURES GP I, LLC filed Form 3 for Bird Global, Inc. on 23 Nov 2021.
Change
- No earlier filing in this sequence is available for direct comparison.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Official SEC source
View source filing
Ownership activity is grounded in SEC Form 3 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
BRDS
holding
Class A Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 20,769,528
- Date
- 04 Nov 2021
- Ownership
- See footnote
- Footnotes
- F1
BRDS
holding
Class A Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 3,888,286
- Date
- 04 Nov 2021
- Ownership
- See footnote
- Footnotes
- F2
BRDS
holding
Class A Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 2,290,615
- Date
- 04 Nov 2021
- Ownership
- See footnote
- Footnotes
- F3
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
BRDS
holding
Derivative
Earnout Shares
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- Date
- 04 Nov 2021
- Ownership
- See Footnote
- Underlying class
- Class A Common Stock
- Underlying amount
- 2,416,730
- Exercise price
- Footnotes
- F1, F4, F5
BRDS
holding
Derivative
Earnout Shares
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- Date
- 04 Nov 2021
- Ownership
- See Footnote
- Underlying class
- Class A Common Stock
- Underlying amount
- 452,438
- Exercise price
- Footnotes
- F2, F4, F5
BRDS
holding
Derivative
Earnout Shares
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- Date
- 04 Nov 2021
- Ownership
- See Footnote
- Underlying class
- Class A Common Stock
- Underlying amount
- 266,534
- Exercise price
- Footnotes
- F3, F4, F5
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 5 footnotes
Footnote F1
Represents shares held by Craft Ventures I, L.P. ("Craft I"). Craft Ventures GP I, LLC ("Craft I GP") is the general partner of Craft I and David O. Sacks is a managing member of Craft I GP. Craft I GP 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 its pecuniary interest therein, if any, and this report shall not be deemed an admission that it is a beneficial owner of such securities for the purpose of Section 16 of the Exchange Act, or for any other purpose.
Footnote F2
Represents shares held by Craft Ventures I-A, L.P. ("Craft I-A"). Craft I GP is the general partner of Craft I-A. Craft I GP disclaims beneficial ownership of these securities for purposes of Section 16 of the Exchange Act except to the extent of its pecuniary interest therein, if any, and this report shall not be deemed an admission that it is a beneficial owner of such securities for the purpose of Section 16 of the Exchange Act, or for any other purpose.
Footnote F3
Represents shares held by Craft Ventures I-B, L.P. ("Craft I-B"). Craft I GP is the general partner of Craft I-B. Craft I GP disclaims beneficial ownership of these securities for purposes of Section 16 of the Exchange Act except to the extent of its pecuniary interest therein, if any, and this report shall not be deemed an admission that it is a beneficial owner of such securities for the purpose of Section 16 of the Exchange Act, or for any other purpose.
Footnote F4
The earnout shares will vest in three substantially equal installments if the Issuer's Class A Common Stock achieves a price per share for any ten trading days within any 20 consecutive trading period prior to November 4, 2026 that equals or exceeds the following thresholds: $12.50, $20.00 and $30.00.
Footnote F5
Each earnout share represents a contingent right to receive one share of the Issuer's Class A Common Stock upon the satisfaction of the earnout share vesting terms.
SEC remarks
David O. Sacks has separately filed a Form 3 with respect to the securities reported herein.