Ravi Thanawala - 10 Sep 2024 Form 4 Insider Report for Allbirds, Inc. (BIRD)

Role
Director
Signature
/s/ Ravi Thanawala, by Christos Yatrakis, Attorney-in-Fact
Issuer symbol
BIRD
Transactions as of
10 Sep 2024
Transactions value $
$0
Form type
4
Filing time
12 Sep 2024, 17:21:00 UTC
Previous filing
10 Sep 2024
Next filing
05 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BIRD Class A Common Stock Award $0 +8.33K $0.00 8.33K 10 Sep 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Pursuant to the Issuer's Non-Employee Director Compensation Policy, the reported securities represent the automatic initial grant of restricted stock units ("RSUs") to the Reporting Person upon their appointment to the Issuer's Board of Directors on September 10, 2024. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. 1/3 of the RSUs shall vest on September 10, 2025, and 1/3 of the RSUs shall vest yearly thereafter, in each case subject to the Reporting Person's Continuous Service (as defined in the Issuer's 2021 Equity Incentive Plan) through the applicable vesting date.