Peter Presunka - 01 Mar 2023 Form 4 Insider Report for Matterport, Inc./DE (MTTR)

Role
Chief Accounting Officer
Signature
/s/ Matthew Zinn, Attorney-in-Fact
Issuer symbol
MTTR
Transactions as of
01 Mar 2023
Transactions value $
-$30,704
Form type
4
Filing time
06 Mar 2023, 15:04:29 UTC
Previous filing
15 Dec 2022
Next filing
29 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MTTR Class A Common Stock Options Exercise $0 +9.25K +59.03% $0.00 24.9K 01 Mar 2023 Direct
transaction MTTR Class A Common Stock Sale -$19.3K -6.83K -27.42% $2.83 18.1K 02 Mar 2023 Direct F1, F2
transaction MTTR Class A Common Stock Sale -$11.4K -3.87K -21.42% $2.94 14.2K 03 Mar 2023 Direct F1, 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 MTTR Restricted Stock Unit Options Exercise $0 -9.25K -4.74% $0.00 186K 01 Mar 2023 Class A Common Stock 9.25K Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported on this Form 4 represent shares automatically sold in a non-discretionary transaction to cover taxes and fees in connection with the vesting and settlement of restricted stock unit awards.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.79 to $2.86. The reporting person undertakes to provide Matterport, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.86 to $3.00. The reporting person undertakes to provide Matterport, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F4 Each restricted stock unit represents a contingent right to receive one share of the Company's Class A Common Stock.
F5 The restricted stock units commenced vesting on December 1, 2022 and the underlying shares will vest in equal quarterly installments thereafter until fully vested on December 1, 2026.

Remarks:

Exhibit 24 - Power of Attorney.