4//SEC Filing
Cassano James S 4
Accession 0001493152-24-028777
CIK 0001178697other
Filed
Jul 22, 8:00 PM ET
Accepted
Jul 23, 8:05 AM ET
Size
6.0 KB
Accession
0001493152-24-028777
Insider Transaction Report
Form 4
Cassano James S
Director
Transactions
- Sale
Common Stock
2024-07-19$3.68/sh−1,623$5,973→ 25,779 total
Footnotes (4)
- [F1]Represents the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock units. These sales are mandated by the Issuer's election under its equity incentive plan to require the satisfaction of a tax withholding obligation to be funded by a "sell to cover" transaction and do not represent discretionary trades by the Reporting Person.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.67 to $3.76, inclusive. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer, or a securityholder of the Issuer full information regarding the number of shares and prices at which the transaction was effected.
- [F3]Consists of (i) 14,757 shares of common stock and (ii) 11,022 unvested restricted stock units.
- [F4]The number of securities reported herein reflects the effects of a 1-for-10 reverse stock split effected by the Issuer on July 17, 2024, which was exempt from reporting pursuant to Rule 16a-9.
Documents
Issuer
SONIM TECHNOLOGIES INC
CIK 0001178697
Entity typeother
Related Parties
1- filerCIK 0001343514
Filing Metadata
- Form type
- 4
- Filed
- Jul 22, 8:00 PM ET
- Accepted
- Jul 23, 8:05 AM ET
- Size
- 6.0 KB