UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | SEC 1473 (7-02) | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. |
1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
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Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Stock Option | (2) | 03/18/2030 | Class A Common Stock | 146,596 | $ 0.16 | D | |
Stock Option | (3) | 03/30/2029 | Class A Common Stock | 74,214 | $ 0.16 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Torchiana Shane C/O BIRD GLOBAL, INC. 406 BROADWAY, SUITE 369 SANTA MONICA,, CA 90401 |
Chief Operating Officer |
/s/ Kevin Lee, attorney-in-fact | 01/27/2022 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Includes (a) an award of 439,788 restricted stock units, all of which vest on April 20, 2022 (b) 76,865 earn-out shares that will vest in three substantially equal installments if the Issuer's Class A Common Stock achieves a price per share for any ten trading days within any 20 consecutive trading period prior to November 4, 2026 that equals or exceeds the following thresholds: $12.50, $20.00 and $30.00; (c) 750,000 earn-out shares that will vest in three substantially equal installments based on the foregoing stock price vesting conditions and subject to an additional time-based vesting requirement whereby such shares will vest in 16 substantially equal quarterly installments beginning on November 4, 2021; and (d) 250,000 restricted stock units, 25% of which will vest on December 1, 2022, with the remaining 75% vesting in 12 equal quarterly installments thereafter. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock. |
(2) | The option is vested with respect to 54,973 shares of Class A Common Stock and vests with respect to the remaining shares in substantially equal monthly installments until fully vested on January 31, 2024. |
(3) | The option is vested with respect to 41,230 shares of Class A Common Stock and vests with respect to the remaining shares in substantially equal monthly installments until fully vested on January 6, 2023. |
Remarks: Exhibit 24 - Power of Attorney. |