Form 4/A for SOUN SOUNDHOUND AI, INC.
Accepted 2024-03-21 00:00:00 ET · period of report 2024-03-11 · accession 0001562180-24-002930 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DAT | 2024-03-21 | 2024-03-11 | SOUN | HOM JAMES MING | Chief Product Off, Dir | S - Sale | $5.97 | -50.4K | 512.7K | -9% | -$301.0K |
| DAT | 2024-03-21 | 2024-03-13 | SOUN | HOM JAMES MING | Chief Product Off, Dir | S - Sale | $8.01 | -200.0K | 2.01M | -9% | -$1.60M |
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 | 2024-03-11 | S | D | 50,416 | $5.97 | 512,732 | D | — | — | (F2) This transaction was executed in multiple trades during the day at prices ranging from $5.69 to 6.25. 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) Includes 5,853 shares of common stock acquired in November 2023 through the SoundHound AI, Inc. 2022 Employee Stock Purchase Plan. |
| 2 | Derivative | Class B Common Stock | 2024-03-13 | S | D | 200,000 | $8.01 | 2,012,588 | D | — · — to — | 200,000 Class A Common Stock | (F5) On March 13, 2024, a 10b5-1 transaction executed and sold 200,000 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 $8.06. 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. (F4) 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. |