Trilogy Equity Partners, LLC 3
3 · Owlet, Inc. · Filed Feb 22, 2023
Insider Transaction Report
Form 3
Owlet, Inc.OWLT
Trilogy Equity Partners, LLC
10% Owner
Holdings
- 9,005,428
Common Stock
Series A Convertible Preferred Stock
From: 2023-02-17→ Common Stock (5,544,897 underlying)Warrants (Right to Purchase Shares of Common Stock)
Exercise: $0.33From: 2023-02-17Exp: 2028-02-17→ Common Stock (9,980,814 underlying)
Footnotes (1)
- [F1]The 2,717 shares of Series A Convertible Preferred Stock ("Series A Preferred Stock") is convertible into Owlet, Inc. Class A common stock ("Common Stock") at the option of the holder at any time. The initial number of shares issuable upon conversion is determined by the number of Series A Preferred Stock multiplied by 2,040.8163, subject to adjustment upon the occurrence of certain events. The number of shares of Common Stock reported in Column 3 reflects the conversion rate.