Kneuer John 4
4 · SONIM TECHNOLOGIES INC · Filed Jan 2, 2020
Insider Transaction Report
Form 4
Kneuer John
Director
Transactions
- Award
Stock Option (right to buy)
2019-12-30+43,928→ 43,928 totalExercise: $3.87Exp: 2029-12-29→ Common Stock (43,928 underlying)
Footnotes (1)
- [F1]The Options shall vest: (a) with respect to 75% of the shares at such time as the price of the Company's Common Stock equals or exceeds $5.00 per share, (b) with respect to 15% of the shares at such time as the price of the Company's Common Stock equals or exceeds $7.00 per share; and (c) with respect to 10% of the shares at such time as the price of the Company's Common Stock equals or exceeds $8.00 per share, provided that all shares shall vest in full upon consummation of a change in control transaction.