Wang Jeffrey 4
4 · SONIM TECHNOLOGIES INC · Filed Aug 9, 2022
Insider Transaction Report
Form 4
Wang Jeffrey
Director10% Owner
Transactions
- Award
Common Stock
[F1]2022-08-05+85,714→ 85,714 total - Purchase
Common Stock
[F2][F3]2022-08-08$0.84/sh+5,534,881$4,649,300→ 19,463,452 total(indirect: By LLC)
Footnotes (3)
- [F1]Represents the grant of restricted stock units that vest in one installment on the earlier of the first anniversary of the grant date, immediately prior to the next annual meeting of stockholders, a change in control of Sonim Technologies, Inc. (the "Issuer") or the Reporting Person's death or disability, subject to the Reporting Person's continued service to the Issuer. Each restricted stock unit represents the contingent right to receive one share of the Issuer's common stock.
- [F2]Represents shares purchased and held by AJP Holding Company, LLC immediately after the second closing pursuant to the subscription agreement dated April 13, 2022 by and between the AJP Holding Company, LLC and the Issuer.
- [F3]The Reporting Person is the sole manager of AJP Holding Company, LLC and disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
Signature
/s/ Hao (Peter) Liu, by power of attorney|2022-08-09