John Toth - 01 Jun 2021 Form 4 Insider Report for Original Bark Co (BARK)

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, 20:28:44 UTC
Next filing
16 Nov 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BARK Common Stock Award +315,326 315,326 01 Jun 2021 Direct F1

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 +2,185,641 $0.000000 2,185,641 01 Jun 2021 Common Stock 2,185,641 $0.6000 Direct F2
* 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") as follows: (i) 35,000 shares of common stock of BARK in connection with the Merger and (ii) 9,337 shares of common stock of BARK issued in connection with the conversion of BARK's convertible promissory notes held by the Reporting Person. 87,425 of the shares are subject to vesting in 12 equal monthly installments based on the Reporting Person's continuous service to the Issuer commencing February 23, 2021. On the closing date of the Merger, the price of the Company's Common Stock was $11.24 per share.
F2 The Stock Option was received in exchange for an option to purchase 250,000 shares of common stock of BARK in connection with the Merger and is fully vested.