Richburg Rustin 4
4 · Bark, Inc. · Filed Apr 13, 2022
Insider Transaction Report
Form 4
Bark, Inc.BARK
Richburg Rustin
Chief People Officer
Transactions
- Award
Common Stock
2022-04-11+100,000→ 100,000 total - Award
Common Stock
2022-04-11+150,000→ 250,000 total - Award
Stock Option (right to buy)
2022-04-11+218,564→ 655,691 totalExercise: $3.45From: 2023-04-10Exp: 2032-04-11→ Common Stock (218,564 underlying)
Footnotes (3)
- [F1]Reporting Person was granted restricted stock units ("RSUs"), which represent a contingent right to receive one share of Common Stock for each RSU. This RSU vests with a one year cliff and the remainder vesting quarterly in 12 substantially equal installments thereafter, subject to the reporting person's continuous service as of each vesting date and subject to acceleration upon certain events.
- [F2]Reporting Person was granted restricted stock units ("RSUs"), which represent a contingent right to receive one share of Common Stock for each RSU. This RSU vests over a three year period. The first year is monthly vesting, then quarterly for the remaining two years thereafter, subject to the reporting person's continuous service as of each vesting date and subject to acceleration upon certain events.
- [F3]25% of the shares subject to the option will vest on April 10, 2023 and the remainder will vest quarterly thereafter, subject to the reporting person's continuous service as of each vesting date and subject to acceleration upon certain events.