James Daniel Fay - 01 Oct 2021 Form 4 Insider Report for Matterport, Inc./DE (MTTR)

Role
Chief Financial Officer
Signature
/s/ Judi Otteson, Attorney-in-Fact
Issuer symbol
MTTR
Transactions as of
01 Oct 2021
Transactions value $
$80,511
Form type
4
Filing time
04 Jan 2022, 20:28:30 UTC
Previous filing
26 Jul 2021
Next filing
20 Jan 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MTTR Class A Common Stock Options Exercise $0 +218K +1288.2% $0.00 234K 15 Oct 2021 Direct
transaction MTTR Class A Common Stock Options Exercise $28.5K +25K +10.65% $1.14 259K 31 Dec 2021 Direct
transaction MTTR Class A Common Stock Options Exercise $52K +149K +57.32% $0.35* 408K 31 Dec 2021 Direct

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 MTTR Restricted Stock Unit Award $0 +3.48M $0.00 3.48M 01 Oct 2021 Class A Common Stock 3.48M Direct F1, F2
transaction MTTR Restricted Stock Unit Options Exercise $0 -218K -6.25% $0.00 3.26M 15 Oct 2021 Class A Common Stock 218K Direct F1, F2
transaction MTTR Stock Option Options Exercise $0 -25K -4.85% $0.00 490K 31 Dec 2021 Class A Common Stock 25K $1.14 Direct F3, F4
transaction MTTR Stock Option Options Exercise $0 -149K -9.16% $0.00 1.47M 31 Dec 2021 Class A Common Stock 149K $0.35 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock.
F2 The restricted stock units commenced vesting on July 15, 2021 and the underlying shares will vest in equal quarterly installments thereafter until fully vested on July 15, 2025.
F3 The stock option vests as to (i) 25% of 352,066 of the underlying shares on October 14, 2021 and the remaining 75% of such underlying shares will vest in equal monthly installments until fully vested on October 14, 2024 and (ii) 25% of 162,843 of the underlying shares on October 14, 2021 and the remaining 75% of such underlying shares will vest in equal monthly installments until fully vested on October 14, 2024.
F4 The discrepancy in the amount of options beneficially owned reported in this Form 4 and the Form 4 filed with the SEC on July, 27, 2021 was due to an administrative error, which has been corrected herein.
F5 The stock option is currently vested and fully exercisable.