Henrik Werdelin - 01 Jun 2021 Form 4 Insider Report for Original Bark Co (BARK)

Role: Chief Strategy Officer, Director
Signature: /s/ Matthew S. Miller, Attorney-in-Fact
Issuer symbol: BARK
Transactions as of: 01 Jun 2021
Net transactions value: $0
Form type: 4
Filing time: 03 Jun 2021, 20:27:25 UTC
Next filing: 24 Mar 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BARK	Common Stock	Award		+18,674			18,674	01 Jun 2021	Direct	F1
transaction	BARK	Common Stock	Award		+11,040,385			11,040,385	01 Jun 2021	By LLC	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	BARK	Stock Option (right to buy)	Award	$0	+792,338		$0.000000	792,338	01 Jun 2021	Common Stock	792,338	$1.02	Direct	F3
transaction	BARK	Stock Option (right to buy)	Award	$0	+874,256		$0.000000	874,256	01 Jun 2021	Common Stock	874,256	$1.37	Direct	F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The shares of Common Stock were received in exchange for shares of common stock of Barkbox, Inc. ("BARK") in connection with the merger of BARK with and into a wholly owned subsidiary of the Issuer (the "Merger"), which were issued in connection with the conversion of BARK's convertible promissory notes held by the Reporting Person.. On the closing date of the Merger, the price of the Company's Common Stock was $11.24 per share.
F2	The shares of Common Stock were received in exchange for 1,262,831 shares of common stock of BARK in connection with the Merger. The shares are held by Prehype Ventures LLC. The Reporting Person is the managing member of Prehype Ventures LLC and has sole voting and investment power with regard to the shares held by Prehype Ventures LLC.
F3	The Stock Option was received in exchange for an option to purchase 90,630 shares of common stock of BARK in connection with the Merger. The Stock Option is fully vested.
F4	The Stock Option was received in exchange for an option to purchase 100,000 shares of common stock of BARK in connection with the Merger. The Stock Option shall vest over a four-year period in 48 equal monthly installments after July 1, 2019, provided, that the Reporting Person remains in continuous service on each such vesting date. The Stock Option is also subject to acceleration in the event the Reporting Person is subject to a qualifying involuntary termination of employment in connection with the sale of the Issuer.