Form 4 for SOUN SOUNDHOUND AI, INC.
Accepted 2024-12-18 00:00:00 ET · period of report 2024-12-16 · accession 0001562180-24-008485 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DMT | 2024-12-18 | 2024-12-16+ | SOUN | ZAGORSEK MICHAEL | COO | S - Sale+OE | $20.04 | -416.7K | 1.47M | -22% | -$8.35M |
| DMT | 2024-12-18 | 2024-12-16+ | SOUN | ZAGORSEK MICHAEL | COO | M - OptEx | $2.16 | +416.7K | 1.61M | +35% | +$900.1K |
| DMT | 2024-12-18 | 2024-12-16+ | SOUN | ZAGORSEK MICHAEL | COO | M - OptEx | $0.00 | -416.7K | 277.8K | -60% | $0 |
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 | 2024-12-18 | S | D | 138,906 | $22.50 | 1,473,322 | D | — | — | |
| 2 | Common | Class A Common Stock | 2024-12-18 | M | A | 1 | $2.18 | 1,473,323 | D | — | — | |
| 3 | Common | Class A Common Stock | 2024-12-18 | S | D | 1 | $22.50 | 1,473,322 | D | — | — | |
| 4 | Common | Class A Common Stock | 2024-12-18 | M | A | 138,906 | $2.16 | 1,612,228 | D | — | — | |
| 5 | Common | Class A Common Stock | 2024-12-16 | S | D | 138,906 | $17.63 | 1,473,322 | D | — | — | (F2) This transaction was executed in multiple trades during the day at prices ranging from $17.50 to $17.77. 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. |
| 6 | Common | Class A Common Stock | 2024-12-18 | M | A | 138,906 | $2.16 | 1,612,228 | D | — | — | |
| 7 | Common | Class A Common Stock | 2024-12-18 | S | D | 138,906 | $20.00 | 1,473,322 | D | — | — | (F3) This transaction was executed in multiple trades during the day at prices ranging from $20.00 to $20.05. 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. |
| 8 | Common | Class A Common Stock | 2024-12-16 | M | A | 138,906 | $2.16 | 1,612,228 | D | — | — | |
| 9 | Derivative | Stock Options (Right to buy) | 2024-12-18 | M | D | 138,906 | $0.00 | 0 | D | $2.16 · — to 2026-07-26 | 138,906 Class A Common Stock | (F4) Represents stock options issued pursuant to that certain Merger Agreement, dated as of November 15, 2021, by and among Archimedes Tech SPAC Partners Co., ATSPC Merger Sub, Inc. and SoundHound, Inc. ("SoundHound") (the "Transaction"), in exchange for SoundHound stock options granted on July 26, 2016. The shares subject to the option vested 25% on July 11, 2017 and is fully vested as of the date of this filing. |
| 10 | Derivative | Stock Options (Right to buy) | 2024-12-18 | M | D | 138,906 | $0.00 | 138,906 | D | $2.16 · — to 2026-07-26 | 138,906 Class A Common Stock | (F4) Represents stock options issued pursuant to that certain Merger Agreement, dated as of November 15, 2021, by and among Archimedes Tech SPAC Partners Co., ATSPC Merger Sub, Inc. and SoundHound, Inc. ("SoundHound") (the "Transaction"), in exchange for SoundHound stock options granted on July 26, 2016. The shares subject to the option vested 25% on July 11, 2017 and is fully vested as of the date of this filing. |
| 11 | Derivative | Stock Options (Right to buy) | 2024-12-18 | M | D | 1 | $0.00 | 138,905 | D | $2.18 · — to 2027-09-06 | 1 Class A Common Stock | (F5) Represents stock options issued in the Transaction in exchange for SoundHound stock options granted on September 6, 2017. The shares subject to the option vested 25% on August 1, 2018 and is fully vested as of the date of this filing. |
| 12 | Derivative | Stock Options (Right to buy) | 2024-12-16 | M | D | 138,906 | $0.00 | 277,812 | D | $2.16 · — to 2026-07-26 | 138,906 Class A Common Stock | (F4) Represents stock options issued pursuant to that certain Merger Agreement, dated as of November 15, 2021, by and among Archimedes Tech SPAC Partners Co., ATSPC Merger Sub, Inc. and SoundHound, Inc. ("SoundHound") (the "Transaction"), in exchange for SoundHound stock options granted on July 26, 2016. The shares subject to the option vested 25% on July 11, 2017 and is fully vested as of the date of this filing. |