Banker Sanjay D 4

Accession 0001819395-22-000181

CIK 0001819395other

Filed

Dec 6, 7:00 PM ET

Accepted

Dec 7, 7:18 PM ET

Size

25.2 KB

Accession

0001819395-22-000181

Form 4

Period: 2022-12-01

Director

Transactions

Award
Employee stock option (right to buy)
2022-12-01+1,476,066→ 1,476,066 total
Exercise: $1.74Exp: 2030-11-05→ Common Stock (1,476,066 underlying)
Award
Employee stock option (right to buy)
2022-12-01+68,333→ 68,333 total
Exercise: $1.74Exp: 2030-11-05→ Common Stock (68,333 underlying)
Disposition to Issuer
Employee stock option (right to buy)
2022-12-01−2,186→ 0 total
Exercise: $8.23Exp: 2031-11-11→ Common Stock (2,186 underlying)
Award
Employee stock option (right to buy)
2022-12-01+9,396→ 9,396 total
Exercise: $1.74Exp: 2031-11-11→ Common Stock (9,396 underlying)
Disposition to Issuer
Employee stock option (right to buy)
2022-12-01−1,476,066→ 0 total
Exercise: $2.93Exp: 2030-11-05→ Common Stock (1,476,066 underlying)
Disposition to Issuer
Employee stock option (right to buy)
2022-12-01−68,333→ 0 total
Exercise: $2.93Exp: 2030-11-05→ Common Stock (68,333 underlying)
Award
Employee stock option (right to buy)
2022-12-01+2,186→ 2,186 total
Exercise: $1.74Exp: 2031-11-11→ Common Stock (2,186 underlying)
Disposition to Issuer
Employee stock option (right to buy)
2022-12-01−9,396→ 0 total
Exercise: $8.23Exp: 2031-11-11→ Common Stock (9,396 underlying)
Disposition to Issuer
Employee stock option (right to buy)
2022-12-01−2,009→ 0 total
Exercise: $3.00Exp: 2030-06-18→ Common Stock (2,009 underlying)
Award
Employee stock option (right to buy)
2022-12-01+2,009→ 2,009 total
Exercise: $1.74Exp: 2030-06-18→ Common Stock (2,009 underlying)

Footnotes (4)

[F1]The reporting person agreed to certain amendments of their outstanding stock option pursuant to the terms of the issuer's one-time offer to reprice eligible options (the "Offer") described in the Tender Offer Statement on Schedule TO filed by the issuer with the Securities and Exchange Commission on October 18, 2022 (as amended, the "Schedule TO"). On December 1, 2022 (the "Repricing Date") the option award (the "Repriced Option") did not receive a modified vesting schedule.
[F2]The reporting person agreed to certain amendments of their outstanding stock option pursuant to the terms of the Offer included in the Schedule TO relating to a one-time offer by the issuer to reprice certain eligible options held by eligible employees (as defined in the Schedule TO).
[F3]This reflects a modification in the exercise price of the option award pursuant to the Offer.
[F4]Pursuant to a transition agreement entered into by the reporting person and a subsidiary of the issuer on October 15, 2022 (the "Transition Agreement"), 100% of the outstanding and unvested shares subject to the option award will accelerate on December 31, 2022 in connection with the reporting person's termination of employment, subject to the reporting person executing a release of claims in favor of the issuer.

Documents

1 file

Sonder Holdings Inc.

CIK 0001819395

Entity typeother