Filing Details

Accession Number:
0001562180-24-002206
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-03-05 14:49:52
Reporting Period:
2024-03-01
Accepted Time:
2024-03-05 14:49:52
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
1871502 Jay Remley C/O Matterport, Inc..
352 East Java Drive
Sunnyvale CA 94089
Chief Revenue 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 22,500 $0.00 1,079,702 No 4 M Direct
Class A Common Stock Disposition 2024-03-04 13,748 $2.02 1,065,954 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 22,500 $0.00 22,500 $0.00
Class A Common Stock Restricted Stock Unit Acquisiton 2024-03-01 727,273 $0.00 727,273 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
1,053,233 No 4 M Direct
1,780,506 No 4 A Direct
Footnotes
  1. 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.
  2. 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.
  3. Each restricted stock unit represents a contingent right to receive one share of the Company's Class A Common Stock.
  4. 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.
  5. 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.