Filing Details
- Accession Number:
- 0001562180-24-002205
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-03-05 14:46:54
- Reporting Period:
- 2024-03-01
- Accepted Time:
- 2024-03-05 14:46:54
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1819394 | Matterport Inc. | MTTR | Services-Prepackaged Software (7372) | 851695048 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1871495 | Japjit Tulsi | C/O Matterport, Inc. 352 East Java Drive Sunnyvale CA 94089 | Chief Technology Officer | 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 | Acquisiton | 2024-03-01 | 17,500 | $0.00 | 406,748 | No | 4 | M | Direct | |
Class A Common Stock | Disposition | 2024-03-04 | 16,670 | $2.02 | 390,078 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | 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 | Restricted Stock Unit | Disposition | 2024-03-01 | 17,500 | $0.00 | 17,500 | $0.00 |
Class A Common Stock | Restricted Stock Unit | Acquisiton | 2024-03-01 | 545,455 | $0.00 | 545,455 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
862,694 | No | 4 | M | Direct | ||
1,408,149 | No | 4 | A | Direct |
Footnotes
- The sales reported on this Form 4 represent shares automatically sold in a non-discretionary transaction to cover taxes and fees in connection with the vesting and settlement of restricted stock unit awards.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.01 to $2.07. The reporting person undertakes to provide Matterport, Inc. (the"Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- Each restricted stock unit represents a contingent right to receive one share of the Company's Class A Common Stock.
- The restricted stock units commenced vesting on March 1, 2023 and the underlying shares will vest in equal quarterly installments thereafter until fully vested on March 1, 2027.
- The award will vest as to 1/16th of the RSUs subject thereto on each quarterly anniversary of March 1, 2024, subject to Grantee's continued status as a Service Provider (as defined in the Company's 2021 Incentive Award Plan (the "Plan")) through the applicable vesting date.