SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
  
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
LEVITAN DAN

(Last) (First) (Middle)
C/O ALLBIRDS, INC.
730 MONTGOMERY STREET

(Street)
SAN FRANCISCO CA 94111

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Allbirds, Inc. [ BIRD ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
11/05/2021
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 11/05/2021 C 1,439,281 A $0.00 1,439,281 I See footnote(1)
Class A Common Stock 11/05/2021 S 1,439,281 D $15 0 I See footnote(1)
Class A Common Stock 11/05/2021 C 382,269 A $0.00 382,269 I See footnote(2)
Class A Common Stock 11/05/2021 S 382,269 D $15 0 I See footnote(2)
Class A Common Stock 11/05/2021 C 178,450 A $0.00 178,450 I See footnote(3)
Class A Common Stock 11/05/2021 S 178,450 D $15 0 I See footnote(3)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Series Seed Preferred Stock (4) 11/05/2021 C 290,625 (4) (4) Class B Common Stock(5) 290,625 $0.00 0 I See footnote(1)
Class B Common Stock (5) 11/05/2021 C 290,625 (5) (5) Class A Common Stock 290,625 $0.00 393,785 I See footnote(1)
Series A Preferred Stock (4) 11/05/2021 C 12,632,840 (4) (4) Class B Common Stock(5) 12,632,840 $0.00 0 I See footnote(1)
Class B Common Stock (5) 11/05/2021 C 12,632,840 (5) (5) Class A Common Stock 12,632,840 $0.00 13,026,625 I See footnote(1)
Class B Common Stock (5) 11/05/2021 C 1,439,281 (5) (5) Class A Common Stock 1,439,281 $0.00 11,587,344 I See footnote(1)
Series Seed Preferred Stock (4) 11/05/2021 C 29,165 (4) (4) Class B Common Stock(5) 29,165 $0.00 0 I See footnote(2)
Class B Common Stock (5) 11/05/2021 C 29,165 (5) (5) Class A Common Stock 29,165 $0.00 39,520 I See footnote(2)
Series A Preferred Stock (4) 11/05/2021 C 4,141,475 (4) (4) Class B Common Stock(5) 4,141,475 $0.00 0 I See footnote(2)
Class B Common Stock (5) 11/05/2021 C 4,141,475 (5) (5) Class A Common Stock 4,141,475 $0.00 4,180,995 I See footnote(2)
Class B Common Stock (5) 11/05/2021 C 382,269 (5) (5) Class A Common Stock 382,269 $0.00 3,798,726 I See footnote(2)
Series Seed Preferred Stock (4) 11/05/2021 C 35,925 (4) (4) Class B Common Stock(5) 35,925 $0.00 0 I See footnote(3)
Class B Common Stock (5) 11/05/2021 C 35,925 (5) (5) Class A Common Stock 35,925 $0.00 48,680 I See footnote(3)
Series A Preferred Stock (4) 11/05/2021 C 1,568,030 (4) (4) Class B Common Stock(5) 1,568,030 $0.00 0 I See footnote(3)
Class B Common Stock (5) 11/05/2021 C 1,568,030 (5) (5) Class A Common Stock 1,568,030 $0.00 1,616,710 I See footnote(3)
Class B Common Stock (5) 11/05/2021 C 178,450 (5) (5) Class A Common Stock 178,450 $0.00 1,438,260 I See footnote(3)
Explanation of Responses:
1. Shares are held by Maveron Equity Partners V, L.P. Reporting Person is a Managing Member of Maveron General Partner V, LLC, the General Partner of Maveron Equity Partners V, L.P., and shares voting and investment power over such shares.
2. Shares are held by MEP Associates V, L.P. Reporting Person is a Managing Member of Maveron General Partner V, LLC, the General Partner of MEP Associates V, L.P., and shares voting and investment power over such shares.
3. Shares are held by Maveron V Entrepreneurs' Fund, L.P. Reporting Person is a Managing Member of Maveron General Partner V, LLC, the General Partner of Maveron V Entrepreneurs' Fund, L.P., and shares voting and investment power over such shares.
4. Each share of Preferred Stock automatically converted into one share of Class B Common Stock immediately prior to the closing of the Issuer's initial public offering.
5. Each share of Class B Common Stock is convertible at any time at the option of the Reporting Person into one share of Class A Common Stock and has no expiration date. Each share of Class B Common Stock held by the Reporting Person will convert automatically into one share of Class A Common Stock upon the sale or transfer of such share of Class B Common Stock, subject to certain exceptions, and in certain other circumstances described in the Issuer's amended and restated certificate of incorporation.
Remarks:
Dan Levitan, by /s/ Ron A. Metzger, Attorney-in-Fact 11/08/2021
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.