Sec Form 4 Filing - Werdelin Henrik @ Bark, Inc. - 2022-03-22

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Werdelin Henrik
2. Issuer Name and Ticker or Trading Symbol
Bark, Inc. [ BARK]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Chief Strategy Officer
(Last) (First) (Middle)
C/O BARK INC. 221 CANAL STREET
3. Date of Earliest Transaction (MM/DD/YY)
03/22/2022
(Street)
NEW YORK, NY10013
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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
Common Stock 03/22/2022 M 792,338 A $ 1.02 811,012 D
Common Stock 03/22/2022 F( 1 ) 196,639 D( 1 ) $ 4.11 614,373 D
Common Stock 11,040,385 I By LLC( 2 )
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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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 of Derivative Security: 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
Stock Option (right to buy) $ 1.02 03/22/2022 F 792,338 ( 3 ) 07/18/2028 Common Stock 792,338 $ 4.11 0 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Werdelin Henrik
C/O BARK INC. 221 CANAL STREET
NEW YORK, NY10013
X Chief Strategy Officer
Signatures
by Allison Koehler, Attorney in fact for Henrik Werdelin 03/24/2022
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The Issuer withheld 196,639 shares of common stock of BARK on the net exercise of the Stock Option to satisfy the exercise price of $1.02 per share based on the BARK closing stock price of $4.11 on March 22, 2022.
( 2 )The shares of Common Stock were received in exchange for 1,262,831 shares of common stock of BARK in connection with the Merger. The shares are held by Prehype Ventures LLC. The Reporting Person is the managing member of Prehype Ventures LLC and has sole voting and investment power with regard to the shares held by Prehype Ventures LLC.
( 3 )The Stock Option was received in exchange for an option to purchase 90,630 shares of common stock of BARK in connection with the Merger. The Stock Option is fully vested.

Remarks:
The reporting person received 595,699 shares of common stock on net exercise of an option for 792,338 shares of common stock. The Issuer withheld 196,639 shares of common stock underlying the option for payment of the exercise price of $1.02 based on the closing stock price on March 22, 2022 of $4.11.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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