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

Role
Acting CEO and CFO
Signature
Denise Garrett For: Kurt Kalbfleisch
Stock symbol
ANY
Transactions as of
Mar 14, 2025
Transactions value $
-$2,077
Form type
4
Date filed
3/18/2025, 08:36 PM
Previous filing
Jan 31, 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 +11.7K +8.24% 154K Mar 14, 2025 Direct F1
transaction ANY Common Stock Tax liability -$2.08K -4.21K -2.74% $0.49 150K Mar 14, 2025 Direct
holding ANY Common Stock 2.14K Mar 14, 2025 By Daughter
holding ANY Common Stock 2.14K Mar 14, 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 -11.7K -1.66% 695K Mar 14, 2025 Common Stock 11.7K 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.