Simon Turner - Feb 13, 2025 Form 4 Insider Report for Sonder Holdings Inc. (SOND)

Role
Director
Signature
/s/ Vanessa Barmack Attorney-in Fact for Simon Turner
Stock symbol
SOND
Transactions as of
Feb 13, 2025
Transactions value $
$0
Form type
4
Date filed
2/18/2025, 06:13 PM
Previous filing
Jan 8, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SOND Common Stock Options Exercise +8.87K 8.87K Feb 13, 2025 Direct F1, F2
transaction SOND Common Stock Award $0 +49.7K +559.94% $0.00 58.6K Feb 13, 2025 Direct 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 SOND Restricted Stock Units Options Exercise $0 -8.87K -33.33% $0.00 17.7K Feb 13, 2025 Common Stock 8.87K $0.00 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock.
F2 Reflects the delayed vesting upon the effectiveness of the issuer's Registration Statement on Form S-8 with respect to the shares of common stock available for issuance under the issuer's 2021 Equity Incentive Plan, as amended, which were due to vest on October 1, 2024. The issuance of the shares of common stock was delayed until the issuer's filing of its delinquent periodic reports.
F3 Represents RSUs granted on February 13, 2025 as compensation for service as a director. The RSUs will vest in full on the earlier of (i) the one-year anniversary of the grant date of February 13, 2024, or (ii) the date of the 2025 annual meeting of shareholders, each subject to the reporting person's continued service as a director through the vesting date. Each RSU represents a contingent right to receive one share of common stock.
F4 Represents RSUs granted on October 1, 2023. The RSUs will vest in three equal annual installments beginning on the first anniversary of the the grant date, subject to the reporting person's continued service as a director through the vesting date. Each RSU represents a contingent right to receive one share of common stock. The vesting of these RSUs was delayed upon the effectiveness of the issuer's Registration Statement on Form S-8 with respect to the shares of common stock available for issuance under the issuer's 2021 Equity Incentive Plan, as amended, which were due to vest on October 1, 2024. The issuance of the shares of common stock was delayed until the issuer's filing of its delinquent periodic reports.

Remarks:

EX-24