Yoo Nathaniel 4
4 · Owlet, Inc. · Filed Feb 17, 2022
Insider Transaction Report
Form 4
Owlet, Inc.OWLT
Yoo Nathaniel
Chief Accounting Officer
Transactions
- Award
Common Stock
2022-02-15+239,726→ 239,726 total - Award
Stock Option (Right to Buy)
2022-02-15+79,909→ 79,909 totalExercise: $1.83Exp: 2032-02-15→ Common Stock (79,909 underlying)
Footnotes (2)
- [F1]Constitutes restricted stock units ("RSUs") for which the Reporting Person is entitled to receive one (1) share of Common Stock for each RSU upon vesting. 25% of the RSUs shall vest on the one-year anniversary of February 15, 2022, and 1/12th of the remaining 75% of the RSUs shall vest in equal quarterly installments thereafter, subject to the Reporting Person's continued service to the Issuer through the applicable vesting date.
- [F2]25% of the shares subject to the option shall vest on the one-year anniversary of January 10, 2022, and 1/36th of the remaining 75% of the shares subject to the option shall vest in equal monthly installments thereafter, subject to the Reporting Person's continued service to the Issuer though the applicable vesting date.