Filing Details

Accession Number:
0001562180-23-005428
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-06-21 21:24:27
Reporting Period:
2023-06-16
Accepted Time:
2023-06-21 21:24:27
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1840856 Soundhound Ai Inc. SOUN Services-Prepackaged Software (7372) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1917995 Keyvan Mohajer C/O Soundhound, Ai Inc.
5400 Betsy Ross Drive
Santa Clara CA 95054
Ceo No No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Disposition 2023-06-20 192,099 $3.57 882,901 No 4 S Direct
Class A Common Stock Disposition 2023-06-21 32,522 $3.66 850,379 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Class B Common Stock Disposition 2023-06-16 812,539 $3.51 812,539 $0.00
Class A Common Stock Class B Common Stock Disposition 2023-06-20 387,461 $3.60 387,461 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
15,826,525 No 4 S Direct
15,439,064 No 4 S Direct
Footnotes
  1. This transaction was executed in multiple trades during the day at prices ranging from $3.52 to $3.67. 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.
  2. The sale reported herein was made to satisfy tax withholding obligations in connection with the settlement of shares of restricted stock units granted to the reporting person on July 20, 2022 and September 7, 2022.
  3. 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.
  4. On June 16, 2023, the reporting person directed the sale of 812,539 shares of his 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 $3.40 to $3.67. 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.
  5. On June 20, 2023, the reporting person directed the sale of 387,461 shares of his 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 $3.47 to $3.74. 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.