SOUNDHOUND AI INC
For the period ended Jun 30, 2024. Filed Aug 9, 2024.
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Jun 30, 2024 · Filed Aug 9, 2024
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Item 5. Other Information
Insider Trading Arrangements
During the fiscal quarter ended June 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):
James M. Hom, Chief Product Officer and Director, adopted a new trading plan on May 31, 2024 (with the first trade under the new plan not to be made prior to September 18, 2024). The trading plan will be effective until December 15, 2024 and provides for the sale of up to 200,000 shares of Mr. Hom’s 2,012,588 shares of Class B common stock and up to 83,064 shares of Class A common stock issuable upon vesting and settlement of certain RSUs and PSUs, provided that certain conditions are met.
Eric Ball, Director, adopted a modified trading plan on June 28, 2024 (with the first trade under the new plan not to be made prior to September 27, 2024). The trading plan will be effective until December 31, 2024 and provides for the sale of up to 221,506 shares of Class A common stock, 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 June 30, 2024 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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