Holmes David A. 4
4 · SOCKET MOBILE, INC. · Filed Jun 2, 2021
Insider Transaction Report
Form 4
Holmes David A.
Chief Business Officer
Transactions
- Award
Common Stock
2021-06-01+7,000→ 7,000 total - Award
Common stock option
2021-06-01+100,000→ 100,000 totalExercise: $5.92Exp: 2031-06-01→ Common (100,000 underlying)
Footnotes (2)
- [F1]Restricted shares of Socket Mobile Inc common stock to be vested over 44 months, with 15% after 8 months on February 1, 2022. The remaining shares will vest on February 1st of subsequent years at the rate of 20%, 25%, and 40%, respectively. The shares were granted under the 2004 Equity Incentive Plan.
- [F2]The grant will vest over 72 months, vesting 1/6th of the shares after twelve months of employment, and vesting in additional 1/72nd increments each month for the following 60 months commencing June 1, 2022.