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4//SEC Filing

WILLIAMS GARY 4

Accession 0001104659-20-086957

CIK 0001682149other

Filed

Jul 26, 8:00 PM ET

Accepted

Jul 27, 8:49 PM ET

Size

8.4 KB

Accession

0001104659-20-086957

Insider Transaction Report

Form 4
Period: 2020-07-27
WILLIAMS GARY
Chief Financial Officer
Transactions
  • Award

    Common Stock

    2020-07-27+5,00013,396 total
  • Award

    Restricted Stock Units

    2020-07-27+31,00031,000 total
    Common Stock (31,000 underlying)
Footnotes (4)
  • [F1]5,000 shares (the "2018 LTIP Shares") of common stock, par value $0.0001 per share, of the issuer (the "Common Stock") were received as compensation for the reporting person's service as an officer pursuant to the issuer's 2018 Long-Term Stock Incentive Plan. The 2018 LTIP Shares are scheduled to vest in equal installments on the first, second and third anniversaries of August 15, 2020, so long as the reporting person remains in the service of the issuer on each such anniversary.
  • [F2]Each restricted stock unit ("RSU") represents the right to receive one share of Common Stock, subject to the vesting terms of such RSU and the approval of the issuer's 2020 Stock Incentive Plan by the issuer's stockholders.
  • [F3]31,000 RSUs of the issuer were received as compensation for the reporting person's service as an officer pursuant to the issuer's 2020 Stock Incentive Plan.
  • [F4]The RSUs are scheduled to vest in equal installments on the first, second and third anniversaries of August 15, 2020, so long as the reporting person remains in the service of the issuer on each such anniversary.

Issuer

Summit Wireless Technologies, Inc.

CIK 0001682149

Entity typeother

Related Parties

1
  • filerCIK 0001250879

Filing Metadata

Form type
4
Filed
Jul 26, 8:00 PM ET
Accepted
Jul 27, 8:49 PM ET
Size
8.4 KB