Kurt Kalbfleisch - 14 Mar 2025 Form 4 Insider Report for Sphere 3D Corp. (ANY)

Role
Acting CEO and CFO
Signature
Denise Garrett For: Kurt Kalbfleisch
Issuer symbol
ANY
Transactions as of
14 Mar 2025
Net transactions value
-$2,077
Form type
4
Filing time
18 Mar 2025, 20:36:50 UTC
Previous filing
31 Jan 2025
Next filing
24 Apr 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ANY Common Stock Options Exercise +11,719 +8.2% 153,953 14 Mar 2025 Direct F1
transaction ANY Common Stock Tax liability $2,077 -4,212 -2.7% $0.4930 149,741 14 Mar 2025 Direct
holding ANY Common Stock 2,142 14 Mar 2025 By Daughter
holding ANY Common Stock 2,142 14 Mar 2025 By Son

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 ANY Restricted Stock Unit (RSU) Options Exercise -11,719 -1.7% 695,200 14 Mar 2025 Common Stock 11,719 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each RSU represents a contingent right to receive one share of Sphere 3D Corp. common stock.
F2 These RSUs vested on December 31, 2024.
F3 The RSUs reported under Column 9 include three awards. The underlying shares and vesting schedules are as follows: (i) 78,125 shares vest each quarter beginning March 31, 2025 until December 31, 2026; (ii) 11,719 shares vest each quarter beginning 3/31/2025 until 12/31/2025 and 11,717 shares vest on 3/31/2026; and (iii) 11,607 shares vest on 6/20/25.