Sacks Ventures I Form 3 Initial statement of insider ownership

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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:	3235-0104
Estimated average burden
hours per response:	0.5

1. Name and Address of Reporting Person^*

CRAFT VENTURES GP I, LLC

(Last) (First) (Middle)

855 FRONT STREET

(Street)

SAN FRANCISCO CA 94111

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
11/04/2021

3. Issuer Name and Ticker or Trading Symbol
Bird Global, Inc. [ BRDS ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

Director	X	10% Owner
Officer (give title below)		Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A Common Stock	20,769,528	I	See footnote(1)
Class A Common Stock	3,888,286	I	See footnote(2)
Class A Common Stock	2,290,615	I	See footnote(3)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Earnout Shares	(4)	(4)	Class A Common Stock	2,416,730	(5)	I	See Footnote(1)
Earnout Shares	(4)	(4)	Class A Common Stock	452,438	(5)	I	See Footnote(2)
Earnout Shares	(4)	(4)	Class A Common Stock	266,534	(5)	I	See Footnote(3)

1. Name and Address of Reporting Person^*

CRAFT VENTURES GP I, LLC

(Last) (First) (Middle)

855 FRONT STREET

(Street)

SAN FRANCISCO CA 94111

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

CRAFT VENTURES I, L.P.

(Last) (First) (Middle)

855 FRONT STREET

(Street)

SAN FRANCISCO CA 94111

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

CRAFT VENTURES I-A, L.P.

(Last) (First) (Middle)

855 FRONT STREET

(Street)

SAN FRANCISCO CA 94111

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

CRAFT VENTURES I-B, L.P.

(Last) (First) (Middle)

855 FRONT STREET

(Street)

SAN FRANCISCO CA 94111

(City) (State) (Zip)

Explanation of Responses:

1. Represents shares held by Craft Ventures I, L.P. ("Craft I"). Craft Ventures GP I, LLC ("Craft I GP") is the general partner of Craft I and David O. Sacks is a managing member of Craft I GP. Craft I GP disclaims beneficial ownership of these securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), except to the extent of its pecuniary interest therein, if any, and this report shall not be deemed an admission that it is a beneficial owner of such securities for the purpose of Section 16 of the Exchange Act, or for any other purpose.

2. Represents shares held by Craft Ventures I-A, L.P. ("Craft I-A"). Craft I GP is the general partner of Craft I-A. Craft I GP disclaims beneficial ownership of these securities for purposes of Section 16 of the Exchange Act except to the extent of its pecuniary interest therein, if any, and this report shall not be deemed an admission that it is a beneficial owner of such securities for the purpose of Section 16 of the Exchange Act, or for any other purpose.

3. Represents shares held by Craft Ventures I-B, L.P. ("Craft I-B"). Craft I GP is the general partner of Craft I-B. Craft I GP disclaims beneficial ownership of these securities for purposes of Section 16 of the Exchange Act except to the extent of its pecuniary interest therein, if any, and this report shall not be deemed an admission that it is a beneficial owner of such securities for the purpose of Section 16 of the Exchange Act, or for any other purpose.

4. The earnout shares will vest in three substantially equal installments if the Issuer's Class A Common Stock achieves a price per share for any ten trading days within any 20 consecutive trading period prior to November 4, 2026 that equals or exceeds the following thresholds: $12.50, $20.00 and $30.00.

5. Each earnout share represents a contingent right to receive one share of the Issuer's Class A Common Stock upon the satisfaction of the earnout share vesting terms.

Remarks:

David O. Sacks has separately filed a Form 3 with respect to the securities reported herein.

	Craft Ventures I, L.P. By: Craft Ventures GP I, LLC, its general partner By: /s/ David O. Sacks, Managing Member	11/23/2021
	Craft Ventures I-A, L.P. By: Craft Ventures GP I, LLC, its general partner By: /s/ David O. Sacks, Managing Member	11/23/2021
	Craft Ventures I-B, L.P. By: Craft Ventures GP I, LLC, its general partner By: /s/ David O. Sacks, Managing Member	11/23/2021
	Craft Ventures GP I, LLC By: /s/ David O. Sacks, Managing Member	11/23/2021
	** 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 5 (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.