Dan Levitan - Nov 5, 2021 Form 4 Insider Report for Allbirds, Inc. (BIRD)

Role
Director, 10%+ Owner
Signature
Dan Levitan, by /s/ Ron A. Metzger, Attorney-in-Fact
Stock symbol
BIRD
Transactions as of
Nov 5, 2021
Transactions value $
-$30,000,000
Form type
4
Date filed
11/8/2021, 04:04 PM
Previous filing
Nov 2, 2021
Next filing
Dec 1, 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BIRD Class A Common Stock Conversion of derivative security $0 +1.44M $0.00 1.44M Nov 5, 2021 See footnote F1
transaction BIRD Class A Common Stock Sale -$21.6M -1.44M -100% $15.00* 0 Nov 5, 2021 See footnote F1
transaction BIRD Class A Common Stock Conversion of derivative security $0 +382K $0.00 382K Nov 5, 2021 See footnote F2
transaction BIRD Class A Common Stock Sale -$5.73M -382K -100% $15.00* 0 Nov 5, 2021 See footnote F2
transaction BIRD Class A Common Stock Conversion of derivative security $0 +178K $0.00 178K Nov 5, 2021 See footnote F3
transaction BIRD Class A Common Stock Sale -$2.68M -178K -100% $15.00* 0 Nov 5, 2021 See footnote F3

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 BIRD Series Seed Preferred Stock Conversion of derivative security $0 -291K -100% $0.00* 0 Nov 5, 2021 Class B Common Stock 291K See footnote F1, F4, F5
transaction BIRD Class B Common Stock Conversion of derivative security $0 +291K +281.72% $0.00 394K Nov 5, 2021 Class A Common Stock 291K See footnote F1, F5
transaction BIRD Series A Preferred Stock Conversion of derivative security $0 -12.6M -100% $0.00* 0 Nov 5, 2021 Class B Common Stock 12.6M See footnote F1, F4, F5
transaction BIRD Class B Common Stock Conversion of derivative security $0 +12.6M +3208.06% $0.00 13M Nov 5, 2021 Class A Common Stock 12.6M See footnote F1, F5
transaction BIRD Class B Common Stock Conversion of derivative security $0 -1.44M -11.05% $0.00 11.6M Nov 5, 2021 Class A Common Stock 1.44M See footnote F1, F5
transaction BIRD Series Seed Preferred Stock Conversion of derivative security $0 -29.2K -100% $0.00* 0 Nov 5, 2021 Class B Common Stock 29.2K See footnote F2, F4, F5
transaction BIRD Class B Common Stock Conversion of derivative security $0 +29.2K +281.65% $0.00 39.5K Nov 5, 2021 Class A Common Stock 29.2K See footnote F2, F5
transaction BIRD Series A Preferred Stock Conversion of derivative security $0 -4.14M -100% $0.00* 0 Nov 5, 2021 Class B Common Stock 4.14M See footnote F2, F4, F5
transaction BIRD Class B Common Stock Conversion of derivative security $0 +4.14M +10479.44% $0.00 4.18M Nov 5, 2021 Class A Common Stock 4.14M See footnote F2, F5
transaction BIRD Class B Common Stock Conversion of derivative security $0 -382K -9.14% $0.00 3.8M Nov 5, 2021 Class A Common Stock 382K See footnote F2, F5
transaction BIRD Series Seed Preferred Stock Conversion of derivative security $0 -35.9K -100% $0.00* 0 Nov 5, 2021 Class B Common Stock 35.9K See footnote F3, F4, F5
transaction BIRD Class B Common Stock Conversion of derivative security $0 +35.9K +281.65% $0.00 48.7K Nov 5, 2021 Class A Common Stock 35.9K See footnote F3, F5
transaction BIRD Series A Preferred Stock Conversion of derivative security $0 -1.57M -100% $0.00* 0 Nov 5, 2021 Class B Common Stock 1.57M See footnote F3, F4, F5
transaction BIRD Class B Common Stock Conversion of derivative security $0 +1.57M +3221.1% $0.00 1.62M Nov 5, 2021 Class A Common Stock 1.57M See footnote F3, F5
transaction BIRD Class B Common Stock Conversion of derivative security $0 -178K -11.04% $0.00 1.44M Nov 5, 2021 Class A Common Stock 178K See footnote F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares are held by Maveron Equity Partners V, L.P. Reporting Person is a Managing Member of Maveron General Partner V, LLC, the General Partner of Maveron Equity Partners V, L.P., and shares voting and investment power over such shares.
F2 Shares are held by MEP Associates V, L.P. Reporting Person is a Managing Member of Maveron General Partner V, LLC, the General Partner of MEP Associates V, L.P., and shares voting and investment power over such shares.
F3 Shares are held by Maveron V Entrepreneurs' Fund, L.P. Reporting Person is a Managing Member of Maveron General Partner V, LLC, the General Partner of Maveron V Entrepreneurs' Fund, L.P., and shares voting and investment power over such shares.
F4 Each share of Preferred Stock automatically converted into one share of Class B Common Stock immediately prior to the closing of the Issuer's initial public offering.
F5 Each share of Class B Common Stock is convertible at any time at the option of the Reporting Person into one share of Class A Common Stock and has no expiration date. Each share of Class B Common Stock held by the Reporting Person will convert automatically into one share of Class A Common Stock upon the sale or transfer of such share of Class B Common Stock, subject to certain exceptions, and in certain other circumstances described in the Issuer's amended and restated certificate of incorporation.