Form 4 for SOUN SOUNDHOUND AI, INC.
Accepted 2023-06-21 00:00:00 ET · period of report 2023-06-16 · accession 0001562180-23-005428 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2023-06-21 | 2023-06-20+ | SOUN | MOHAJER KEYVAN | CEO, Dir, 10% | S - Sale | $3.58 | -224.6K | 850.4K | -21% | -$804.8K |
| DM | 2023-06-21 | 2023-06-16+ | SOUN | MOHAJER KEYVAN | CEO, Dir, 10% | S - Sale | $3.54 | -1.20M | 15.44M | -7% | -$4.25M |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2023-06-20 | S | D | 192,099 | $3.57 | 882,901 | D | — | — | (F1) This transaction was executed in multiple trades during the day at prices ranging from $3.52 to $3.67. The weighted-average price is reported above. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected. |
| 2 | Common | Class A Common Stock | 2023-06-21 | S | D | 32,522 | $3.66 | 850,379 | D | — | — | (F2) The sale reported herein was made to satisfy tax withholding obligations in connection with the settlement of shares of restricted stock units granted to the reporting person on July 20, 2022 and September 7, 2022. |
| 3 | Derivative | Class B Common Stock | 2023-06-16 | S | D | 812,539 | $3.51 | 15,826,525 | D | — · — to — | 812,539 Class A Common Stock | (F4) On June 16, 2023, the reporting person directed the sale of 812,539 shares of his Class B Common Stock, resulting in the automatic conversion of such shares into Class A Common Stock upon execution of the sale. This transaction was executed in multiple trades during the day at prices ranging from $3.40 to $3.67. The weighted-average price is reported above. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected. (F3) Each share of Class B Common Stock is convertible into one share of Class A Common Stock at any time at the option of the reporting person or automatically or on the earliest to occur of certain events specified. The Class B Common Stock has no expiration date. |
| 4 | Derivative | Class B Common Stock | 2023-06-20 | S | D | 387,461 | $3.60 | 15,439,064 | D | — · — to — | 387,461 Class A Common Stock | (F5) On June 20, 2023, the reporting person directed the sale of 387,461 shares of his Class B Common Stock, resulting in the automatic conversion of such shares into Class A Common Stock upon execution of the sale. This transaction was executed in multiple trades during the day at prices ranging from $3.47 to $3.74. The weighted-average price is reported above. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected. (F3) Each share of Class B Common Stock is convertible into one share of Class A Common Stock at any time at the option of the reporting person or automatically or on the earliest to occur of certain events specified. The Class B Common Stock has no expiration date. |