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Spire Global, Inc. Director's Dealing 2021

Aug 18, 2021

33374_dirs_2021-08-17_a940bd14-fe3a-408d-be01-da864fe831e7.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Spire Global, Inc. (SPIR)
CIK: 0001816017
Period of Report: 2021-08-16

Reporting Person: PEARLSTEIN JACK (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-08-16 Class A Common Stock A 500000 $10.00 Acquired 500000 Direct
2021-08-16 Class A Common Stock C 2833750 $0.00 Acquired 2833750 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2021-08-16 Class B Common Stock $0.00 J 2833750 Acquired Class A Common Stock (2833750) Direct
2021-08-16 Class B Common Stock $0.00 C 2833750 Disposed Class A Common Stock (2833750) Direct
2021-08-16 Private Placement Warrants $11.50 J 3300000 Acquired Class A Common Stock (3300000) Direct

Footnotes

F1: Represents shares acquired at Closing (as defined below) in connection with the Private Investment in Public Equity (PIPE).

F2: On August 16, 2021, NavSight Holdings, Inc. consummated its business combination with Spire Global, Inc. (the "Closing"). In connection with the Closing, the issuer changed its legal name to Spire Global, Inc. (the "Issuer") and the shares of Class B common stock held by Jack Pearlstein automatically converted into shares of Class A common stock on a one-for-one basis and have no expiration date.

F3: Six4 Holdings, LLC ("Six4") was the holder of record of 5,667,500 shares of the Issuer's Class B common stock, which shares were indirectly beneficially owned by Mr. Pearlstein. Immediately prior to the Closing, Six4 transferred 2,833,750 shares directly to Mr. Pearlstein for no consideration and the remaining 2,833,750 shares were transferred to Mr. Coleman, which shares Mr. Pearlstein is not deemed to beneficially own.

F4: Represents Private Placement Warrants acquired from the Issuer by Six4 in connection with the Issuer's initial public offering and transferred to Mr. Pearlstein immediately prior to the Closing for no consideration. Each warrant, which was initially transferred at a price of $1.00 per warrant, is exercisable for one share of Class A common stock at an exercise price of $11.50 per share, subject to certain adjustments. The Private Placement Warrants are not redeemable by the Issuer and may not, subject to certain limited exceptions, be exercised until 30 days after the Closing. The Private Placement Warrants will expire upon the fifth anniversary of the Closing, at 5:00pm New York City time, or earlier upon redemption or liquidation.