4//SEC Filing
Wenzel Gerard 4
Accession 0001582945-22-000004
CIK 0001425627other
Filed
Jun 12, 8:00 PM ET
Accepted
Jun 13, 6:13 PM ET
Size
12.4 KB
Accession
0001582945-22-000004
Insider Transaction Report
Form 4
SOBR Safe, Inc.SOBR
Transactions
- Other
Common Stock
2022-05-18$4.00/sh+11,765$47,060→ 11,765 total - Award
Restricted Stock Units
2022-01-11+16,667→ 16,667 totalExercise: $0.00→ Common Stock (16,667 underlying) - Other
Common Stock Warrants
2022-05-18$0.13/sh+23,530$2,941→ 23,350 totalExercise: $4.25From: 2022-05-18Exp: 2027-05-18→ Common Stock (23,530 underlying) - Award
Stock Options
2022-01-11+66,667→ 66,667 totalExercise: $8.25Exp: 2027-01-11→ Common Stock (66,667 underlying)
Footnotes (6)
- [F1]Mr. Wenzel acquired 11,765 Units for $50,000 in the Issuer's recent $10 million firm underwritten public offering, with each Unit consisting of one share of the Issuer's common stock and two warrants, each to purchase one share of the Issuer's common stock at $4.25. The price per Unit was $4.25, with $4.00 of the Unit price attributed to the share of common stock and $0.125 of the Unit price attributed to each warrant.
- [F2]Adjusted for 1-for-3 reverse stock split of Issuer's common stock effected April 28, 2022.
- [F3]The RSUs vest on the earlier to occur of 180 days after the Company uplists to Nasdaq or January 1, 2023.
- [F4]The RSUs don't have an expiration date, but will terminate if Mr. Wenzel is not in continuing service with the Issuer at the time of vesting.
- [F5]Issued to Mr. Wenzel under the terms of his Employment Agreement with the Issuer.
- [F6]The stock options vest as to 8,334 shares each quarter after the grant date for eight (8) equal quarterly installments so long as Mr. Wenzel is in continuous service with the Issuer.
Documents
Issuer
SOBR Safe, Inc.
CIK 0001425627
Entity typeother
Related Parties
1- filerCIK 0001931407
Filing Metadata
- Form type
- 4
- Filed
- Jun 12, 8:00 PM ET
- Accepted
- Jun 13, 6:13 PM ET
- Size
- 12.4 KB