SOUNDHOUND AI INC
For the period ended Mar 31, 2025. Filed May 12, 2025.
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Mar 31, 2025 · Filed May 12, 2025
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Item 5. Other Information
Insider Trading Arrangements
During the fiscal quarter ended September 30, 2024, the following Section 16 officers and directors adopted, modified orterminated a “Rule 10b5-1 trading arrangement” (as defined in Item 408 of Regulation S-K of the Exchange Act):
Dr. Keyvan Mohajer, Chief Executive Officer and Director, adopted a new trading plan on March 17, 2025 (with the first trade under the new plan not to be made prior to June 16, 2025). The trading plan will be effective until August 14, 2025 and provides for the sale of up to 2,400,000 shares of Dr. Mohajer's 14,139,064 shares of Class B common stock, up to 737,500 shares of Class A common stock issuable upon vesting and settlement of certain RSUs and PSUs, provided that certain conditions are met.
Majid Emami, Chief Science Officer and Senior Vice President, adopted a new trading plan on March 11, 2025 (with the first trade under the new plan not to be made prior to June 10, 2025). The trading plan will be effective until December 31, 2025 and provides for the sale of up to 2,400,000 shares of Mr. Emami's 16,583,756 shares of Class B common stock, up to 562,850 shares of Class A common stock issuable upon vesting and settlement of certain RSUs and PSUs, provided that certain conditions are met.
James M. Hom, Chief Product Officer and Director, adopted a new trading plan on March 19, 2025 (with the first trade under the new plan not to be made prior to July 1, 2025). The trading plan will be effective until September 30, 2025 and provides for the sale of up to 800,000 shares of Mr. Hom’s 1,812,588 shares of Class B common stock and up to 3,815 shares of Class A common stock, and up to 69,686 shares of Class A common stock issuable upon vesting and settlement of certain RSUs, provided that certain conditions are met.
Michael Zagorsek, Chief Operating Officer, adopted a new trading plan on March 24, 2025 (with the first trade under the new plan not to be made prior to June 23, 2025). The trading plan will be effective until June 30, 2026 and provides for the sale of up to 179,888 shares of Class A common stock issuable upon vesting and exercise of certain stock options, provided that certain conditions are met.
There were no “non-Rule 10b5-1 trading arrangements” (as defined in Item 408 of Regulation S-K of the Exchange Act)adopted, modified orterminated during the fiscal quarter ended March 31, 2025 by our directors and Section 16 officers. Each of the Rule 10b5-1 trading arrangements are in accordance with our Insider Trading Policy and actual sale transactions made pursuant to such trading arrangements will be disclosed publicly in Section 16 filings with the SEC in accordance with applicable securities laws, rules and regulations.
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