4//SEC Filing
Snavely Michael 4
Accession 0001628280-23-039039
CIK 0001665300other
Filed
Nov 13, 7:00 PM ET
Accepted
Nov 14, 7:11 PM ET
Size
7.9 KB
Accession
0001628280-23-039039
Insider Transaction Report
Form 4
Phunware, Inc.PHUN
Snavely Michael
DirectorChief Executive Officer
Transactions
- Award
Common Stock
2023-11-10+600,000→ 600,000 total - Award
Common Stock
2023-11-10+900,000→ 1,500,000 total
Footnotes (2)
- [F1]On November 10, 2023, the compensation committee (the "Committee") of the Issuer's board of directors approved a grant to the reporting person in the number of restricted stock units ("RSUs") in Table 1, Box 4 above, pursuant to the Issuer's 2023B Inducement Plan (the "Inducement Plan"). The formation of the Inducement Plan was also approved by the board of directors on November 10, 2023. The grant was in connection with an employment offer to the Reporting Person, effective September 12, 2023. Each RSU represents a contingent right to receive one share of Phunware, Inc. common stock. The RSUs will vest in full on February 23, 2024. Vesting is subject to the reporting person's continued service on such vesting date. Notwithstanding the foregoing vesting schedule, the Committee, in its discretion, may accelerate the vesting of the balance, or some lesser portion of the balance, of the unvested RSUs at any time, subject to the terms of the Inducement Plan.
- [F2]On November 10, 2023, the compensation committee (the "Committee") of the Issuer's board of directors approved a grant to the reporting person in the number of RSUs in Table 1, Box 4 above, pursuant to the Issuer's 2018 Equity Incentive Plan (the "2018 Plan"). Each RSU represents a contingent right to receive one share of Phunware, Inc. common stock, in which 500,000 RSUs vested upon grant, 200,000 RSUs will vest on November 30, 2023 and 200,000 RSUs will vest on January 12, 2024. Vesting is subject to the reporting person's continued service on such vesting date. Notwithstanding the foregoing vesting schedule, the Committee, in its discretion, may accelerate the vesting of the balance, or some lesser portion of the balance, of the unvested RSUs at any time, subject to the terms of the 2018 Plan.
Documents
Issuer
Phunware, Inc.
CIK 0001665300
Entity typeother
Related Parties
1- filerCIK 0001994402
Filing Metadata
- Form type
- 4
- Filed
- Nov 13, 7:00 PM ET
- Accepted
- Nov 14, 7:11 PM ET
- Size
- 7.9 KB