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Filing Details

Accession Number:: 0001493152-24-024961
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2024-06-24 16:25:29
Reporting Period:: 2024-06-20

Accepted Time:: 2024-06-24 16:25:29
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1178697	Sonim Technologies Inc	SONM	Telephone & Telegraph Apparatus (3661)	943336783

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1935353	Jeffrey Wang	C/O Sonim Technologies Inc. 4445 Eastgate Mall, Suite 200 San Diego CA 92121		Yes	No	Yes	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2024-06-20	78,947	$0.00	310,027	No	4	A	Direct
Common Stock	Disposition	2024-06-21	36,016	$0.69	274,011	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	A	Direct
No	4	S	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	19,463,452	Indirect	By AJP Holding Company, LLC

Footnotes

Represents the grant of restricted stock units that vest in one installment on the earlier of the first anniversary of the grant date, immediately prior to the next annual meeting of stockholders, a change in control of the Issuer, or the Reporting Person's death or disability, subject to the Reporting Person's continued service to the Issuer. Each restricted stock unit represents the contingent right to receive one share of the Issuer's common stock.
Consists of (i) 168,531 shares of common stock and (ii) 141,496 unvested restricted stock units.
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.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $0.69 to $0.73, 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.
Consists of (i) 132,515 shares of common stock and (ii) 141,496 unvested restricted stock units.
The Reporting Person is the sole manager of AJP Holding Company, LLC and may be deemed to be a beneficial owner of securities held by AJP Holding Company, LLC. The Reporting Person disclaims beneficial ownership of these securities except to the extent of its pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for Section 16 or any other purpose.