Boyd C. Johnson - 22 May 2023 Form 4 Insider Report for Spire Global, Inc. (SPIR)

Signature
/s/ Jonathan Zimmerman, by Power of Attorney for Boyd C. Johnson
Issuer symbol
SPIR
Transactions as of
22 May 2023
Transactions value $
-$8,018
Form type
4
Filing time
30 May 2023, 16:16:36 UTC
Previous filing
18 Apr 2023
Next filing
24 Aug 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPIR Common Stock Sale -$2.66K -3.69K -0.37% $0.72 986K 22 May 2023 Direct F1
transaction SPIR Common Stock Sale -$2.48K -3.34K -0.34% $0.74 983K 23 May 2023 Direct F1
transaction SPIR Common Stock Sale -$2.88K -3.91K -0.4% $0.74 979K 24 May 2023 Direct F1
holding SPIR Common Stock 680 22 May 2023 By self as UTMA custodian for daughter
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The shares were sold to cover taxes associated with the settlement of stock units, pursuant to an automatic sale-to-cover instruction in the applicable award agreement, which award agreement intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) was dated February 4, 2022.