Francis Davidson - 11 Apr 2025 Form 4 Insider Report for Sonder Holdings Inc. (SOND)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
28 Apr 2025, 17:03:00 UTC
Prior SEC filing
15 Apr 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Vanessa Barmack Attorney-in Fact for Francis Davidson

Key filing fact

Francis Davidson filed Form 4 for Sonder Holdings Inc. (SOND) on 28 Apr 2025.

Key facts

  • This page summarizes Francis Davidson's Form 4 filing for Sonder Holdings Inc. (SOND).
  • 1 reported transaction and 1 derivative row are listed below.
  • Accepted by SEC: 28 Apr 2025, 17:03.

Change

  • Previous filing in this sequence was filed on 15 Apr 2025.
  • Current net transaction value: +$595,000.

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

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

SOND transaction Derivative

Series A Convertible Preferred Stock

Award

Transaction value
$595,000
Shares
+595,000
Change %
+40%
Price
$1.00
Shares after
2,095,000
Date
11 Apr 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
595,000
Exercise price
Footnotes
F1, F2, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

The Series A Convertible Preferred Stock is convertible into a number of shares of common stock equal to (x) the liquidation preference, plus an amount equal to all accumulated and unpaid dividends on such shares (including dividends accrued and unpaid on previously unpaid dividends) divided by (y) a conversion price of the lower of (i) $1.00 and (ii) a 10% discount to the lowest daily VWAP of the common stock in the 7 trading days prior to the date of conversion, subject to a minimum conversion price of $0.50. The number of shares of the issuer's common stock underlying such Series A Convertible Preferred Stock will increase for each dividend period.

Footnote F2

The Series A Convertible Preferred Stock will become convertible upon shareholder approval for the issuance of the underlying common stock at a special meeting anticipated to be held in the second quarter of 2025.

Footnote F3

The conversion rights of the Series A Convertible Preferred Stock do not expire.

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