Form 4 for SOUN SOUNDHOUND AI, INC.
Accepted 2023-07-05 00:00:00 ET · period of report 2023-06-30 · accession 0001562180-23-005727 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DT | 2023-07-05 | 2023-06-30 | SOUN | EMAMI MAJID | VP, Engineering, 10% | S - Sale | $4.42 | -68.3K | 301.4K | -18% | -$302.0K |
| DT | 2023-07-05 | 2023-06-30 | SOUN | EMAMI MAJID | VP, Engineering, 10% | S - Sale | $4.48 | -550.0K | 18.03M | -3% | -$2.46M |
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 | 2023-06-30 | S | D | 68,333 | $4.42 | 301,389 | D | — | — | (F2) This transaction was executed in multiple trades during the day at prices ranging from $4.21 to $4.64. 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 | Derivative | Class B Common Stock | 2023-06-30 | S | D | 550,000 | $4.48 | 18,033,756 | D | — · — to — | 550,000 Class A Common Stock | (F4) On June 30, 2023, the reporting person directed the sale of 550,000 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 $4.20 to $4.66. 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. |