Silverman Richard H 4
4 · Ondas Holdings Inc. · Filed Aug 21, 2023
Insider Transaction Report
Form 4
Silverman Richard H
Director
Transactions
- Exercise/Conversion
Common Stock
2023-08-18+16,216→ 48,618 total - Sale
Common Stock
2023-08-18$1.00/sh−5,676$5,676→ 42,942 total - Exercise/Conversion
Restricted Stock Units
2023-08-18−16,216→ 16,216 total→ Common Stock (16,216 underlying)
Footnotes (4)
- [F1]Represents shares of Ondas Holdings Inc. (the "Company") common stock, par value $0.0001 per share ("Common Stock"), received upon vesting of Restricted Stock Units ("RSUs").
- [F2]These shares were sold by the Company to fund tax liability attributable to the vesting of the RSUs.
- [F3]Each RSU represents a contingent right to receive one share of Common Stock.
- [F4]On December 19, 2022, the reporting person was granted 32,432 RSUs. The RSUs (i) vested 25% on each of January 1, 2023, April 1, 2023, and July 1, 2023, and (ii) will vest 25% on October 1, 2023, provided that the reporting person is a director of the Company on the applicable vesting date. All RSUs granted to the reporting person shall vest in full immediately upon a change in control. In connection with the vesting of these RSUs, 16,216 shares of common stock were delivered to the reporting person on August 18, 2023.