4//SEC Filing
CUMMINS LISA M 4
Accession 0001104659-20-117290
CIK 0001682149other
Filed
Oct 21, 8:00 PM ET
Accepted
Oct 22, 8:29 PM ET
Size
6.1 KB
Accession
0001104659-20-117290
Insider Transaction Report
Form 4
CUMMINS LISA M
Director
Transactions
- Award
Common Stock
2020-10-20+10,000→ 14,000 total
Footnotes (3)
- [F1]Issuable upon settlement of restricted stock units of the issuer ("RSUs"), each of which represents the right to receive one share of common stock, par value $0.0001 per share, of the issuer, subject to the vesting terms of such RSUs.
- [F2]The grant of such RSUs was approved by the issuer's board of directors on July 27, 2020, subject to stockholder approval of the issuer's 2020 Stock Incentive Plan (the "2020 Plan") under which such RSUs were granted. The 2020 Plan was approved by the issuer's stockholders on October 20, 2020.
- [F3]10,000 RSUs were received as compensation for the reporting person's service as a member of the issuer's board of directors pursuant to the issuer's 2020 Plan. 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. Pursuant to the rules promulgated under Section 13 of the Securities Exchange Act of 1934, as amended, the Reporting Person is not deemed to be the beneficial owner of any of the RSUs until 60 days prior to the applicable vesting dates.
Documents
Issuer
Summit Wireless Technologies, Inc.
CIK 0001682149
Entity typeother
Related Parties
1- filerCIK 0001407456
Filing Metadata
- Form type
- 4
- Filed
- Oct 21, 8:00 PM ET
- Accepted
- Oct 22, 8:29 PM ET
- Size
- 6.1 KB