Tsirigakis Prokopios Akis 4
4 · Phunware, Inc. · Filed Mar 25, 2019
Insider Transaction Report
Form 4
Phunware, Inc.PHUN
Tsirigakis Prokopios Akis
DirectorCo-CEO, Chairman and President10% Owner
Transactions
- Exercise of In-Money
Common Stock
2019-02-22+1,135,943→ 2,854,914 total(indirect: See Footnote) - Exercise of In-Money
Common Stock
2019-02-22+1,331,074→ 1,718,971 total(indirect: See Footnote) - Exercise of In-Money
Warrants to Purchase Common Stock
2019-02-22$0.50/sh−1,250,000$625,000→ 0 total(indirect: See Footnote)Exercise: $11.50From: 2019-01-25Exp: 2023-12-26→ Common Stock (1,250,000 underlying) - Exercise of In-Money
Warrants to Purchase Common Stock
2019-02-22$0.50/sh−1,464,724$732,362→ 0 total(indirect: See Footnote)Exercise: $11.50From: 2019-01-25Exp: 2023-12-26→ Common Stock (1,464,724 underlying)
Footnotes (3)
- [F1]On February 22, 2019, the reporting person exercised a warrant to purchase 1,464,424 shares of Phunware, Inc. common stock for $11.50 a share. The reporting person paid the exercise price on a cashless basis, resulting in Phunware, Inc.'s withholding of 1,331,074 of the warrant shares to pay the exercise price and issuing to the reporting person the remaining 1,331,074 shares
- [F2]On February 22, 2019, the reporting person exercised a warrant to purchase 1,250,000 shares of Phunware, Inc. common stock for $11.50 a share. The reporting person paid the exercise price on a cashless basis, resulting in Phunware, Inc.'s withholding of 114,057 of the warrant shares to pay the exercise price and issuing to the reporting person the remaining 1,135,943 shares
- [F3]Prokopios (Akis) Tsirigakis is the sole officer and director Astra Maritime Corp and Dominium Investments Inc. and accordingly is deemed the beneficial owner of the shares held by these organizations and has sole voting and dispositive control over such securities.