KNITOWSKI ALAN S 4
4 · Phunware, Inc. · Filed May 20, 2022
Insider Transaction Report
Form 4
Phunware, Inc.PHUN
KNITOWSKI ALAN S
DirectorChief Executive Officer
Transactions
- Exercise/Conversion
Common Stock
2022-05-18+37,500→ 1,265,375 total - Tax Payment
Common Stock
2022-05-19$1.40/sh−9,542$13,361→ 1,255,833 total - Exercise/Conversion
Restricted Stock Units
2022-05-18−37,500→ 112,500 total→ Common Stock (37,500 underlying)
Holdings
- 585,589(indirect: See footnote)
Common Stock
Footnotes (5)
- [F1]Represents shares surrendered by the Reporting Person for withholding of taxes pursuant to the terms of the Issuer's 2018 Equity Incentive Plan.
- [F2]The shares were sold in multiple transactions with prices ranging from $1.4001 to $1.41. The reporting person undertakes to provide to Phunware, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares disposed at each separate price within the ranges set forth in this Form 4.
- [F3]Consists of (i) 539,867 shares held of record by Cane Capital, LLC, for which the Reporting Person serves as president, (ii) 43,750 shares held of record by Curo Capital Appreciation Fund I, LLC (Fund 1, Fund 2 and Fund 3), for which the Reporting Person serves as co-president, (iii) 1,972 shares held of record by Knitowski Childrens Trust, for which the Reporting Person serves as president.
- [F4]Each restricted stock unit represents a contingent right to receive one share of Phunware, Inc. common stock.
- [F5]The restricted stock units (RSUs) represent the amount of shares of the Issuer's common stock that were delivered to the Reporting Person on the date notated in Table I, Box 2 above for previous RSUs granted to the Reporting Person.