Kurt Kalbfleisch - Apr 22, 2025 Form 4 Insider Report for Sphere 3D Corp. (ANY)

Role
Interim CEO and CFO
Signature
By: Denise Garrett For: Kurt Kalbfleisch
Stock symbol
ANY
Transactions as of
Apr 22, 2025
Transactions value $
$0
Form type
4
Date filed
4/24/2025, 07:37 PM
Previous filing
Mar 18, 2025
Next filing
Jun 9, 2025
SEC
View on sec.gov

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) Award +1M +143.84% 1.7M Apr 22, 2025 Common Stock 1M 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 The RSU granted dated 4/22/2025 vests 25% on June 1, 2025 and then quarterly beginning September 1, 2025 until June 1, 2027.
F3 In addition to the 4/22/2025 RSU, the RSUs reported under Column 9 also include three additional awards. The underlying outstanding shares and vesting schedules are as follows: (i) 11,607 shares outstanding which vest 6/20/25; (ii) 58,593 shares outstanding of which 11,719 vest quarterly beginning 3/31/25 until 12/31/25 and 11,717 vest on 3/31/26; and (iii) 625,000 shares outstanding of which 78,125 vest quarterly beginning March 31, 2025 and ending December 31, 2026.