James Daniel Fay - 01 Dec 2024 Form 4 Insider Report for Matterport, Inc./DE (MTTR)

Role
Chief Financial Officer
Signature
/s/ Matthew Zinn, Attorney-in-Fact
Issuer symbol
MTTR
Transactions as of
01 Dec 2024
Transactions value $
-$558,059
Form type
4
Filing time
03 Dec 2024, 18:56:01 UTC
Previous filing
22 Oct 2024
Next filing
16 Jan 2025
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 Award $6.86K +3K +0.17% $2.29 1.74M 29 Nov 2024 Direct F1
transaction MTTR Class A Common Stock Options Exercise $0 +25K +1.44% $0.00 1.76M 01 Dec 2024 Direct
transaction MTTR Class A Common Stock Options Exercise $0 +45.5K +2.58% $0.00 1.81M 01 Dec 2024 Direct
transaction MTTR Class A Common Stock Sale -$565K -119K -6.59% $4.73 1.69M 02 Dec 2024 Direct F2, 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 -25K -1.62% $0.00 1.51M 01 Dec 2024 Class A Common Stock 25K Direct F4, F5
transaction MTTR Restricted Stock Unit Options Exercise $0 -45.5K -3% $0.00 1.47M 01 Dec 2024 Class A Common Stock 45.5K Direct F4, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were acquired under the Company's Employee Stock Purchase Plan.
F2 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.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.71 to $4.765. 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 March 1, 2023 and the underlying shares will vest in equal quarterly installments thereafter until fully vested on March 1, 2027.
F6 The restricted stock units commenced vesting on March 1, 2024 and the underlying shares will vest in equal quarterly installments thereafter until fully vested on March 1, 2028.