OTT LEONARD L 4
4 · SOCKET MOBILE, INC. · Filed Mar 3, 2022
Insider Transaction Report
Form 4
OTT LEONARD L
Chief Information Officer
Transactions
- Tax Payment
Common Stock
2022-03-01$3.93/sh−967$3,800→ 64,336 total
Footnotes (1)
- [F1]Exempt transaction pursuant to Section 16b-3(e) - payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of the shares reported as disposed of in this Form 4 were relinquished by Mr. Ott and cancelled by Socket Mobile Inc. in exchange for Socket Mobile's agreement to pay federal and state tax withholding obligations of Mr. Ott resulting from the vesting of Restricted Stocks. Mr. Ott did not sell or otherwise dispose of any of the shares reported on this Form 4 for any reason other than to cover required taxes.