Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SOUN | Class A Common Stock | Sale | -$156K | -50K | -4.83% | $3.12 | 984K | Jun 13, 2023 | Direct | F1, F2 |
transaction | SOUN | Class A Common Stock | Sale | -$153K | -50K | -5.08% | $3.07 | 934K | Jun 14, 2023 | Direct | F1, F3 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
Id | Content |
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F1 | This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person in March 2023. |
F2 | This transaction was executed in multiple trades during the day at prices ranging from $3.02 to $3.23. 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. |
F3 | This transaction was executed in multiple trades during the day at prices ranging from $3.01 to $3.16. 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. |