| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | MTTR | Class A Common Stock | Sale | -$117K | -58.1K | -12.8% | $2.02 | 396K | Mar 4, 2024 | Direct | F1, F2 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | MTTR | Restricted Stock Unit | Award | $0 | +727K | +53.72% | $0.00 | 2.08M | Mar 1, 2024 | Class A Common Stock | 727K | Direct | F3, F4 |
| Id | Content |
|---|---|
| F1 | 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. |
| F2 | 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. |
| F3 | Each restricted stock unit represents a contingent right to receive one share of the Company's Class A Common Stock. |
| F4 | 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. |