Form 4 for SOUN SOUNDHOUND AI, INC.
Accepted 2024-03-14 00:00:00 ET · period of report 2024-03-12 · accession 0001562180-24-002687 · 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 | 2024-03-14 | 2024-03-12 | SOUN | MOHAJER KEYVAN | CEO, Dir, 10% | S - Sale | $6.16 | -379 | 1.22M | -0.0% | -$2,335 |
| DT | 2024-03-14 | 2024-03-13 | SOUN | MOHAJER KEYVAN | CEO, Dir, 10% | S - Sale | $8.02 | -150.0K | 14.14M | -1% | -$1.20M |
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 | 2024-03-12 | S | D | 379 | $6.16 | 1,218,333 | D | — | — | |
| 2 | Derivative | Class B Common Stock | 2024-03-13 | S | D | 150,000 | $8.02 | 14,139,064 | D | — · — to — | 150,000 Class A Common Stock | (F3) On March 13, 2024, a 10b5-1 transaction executed and sold 150,000 shares of this reporting person's 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 $8.00 to $8.08. 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. (F2) 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. |