Filing Details

Accession Number:
0001493152-24-024964
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-06-24 16:25:33
Reporting Period:
2024-06-20
Accepted Time:
2024-06-24 16:25:33
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
1211437 C Michael Mulica C/O Sonim Technologies Inc.
4445 Eastgate Mall, Suite 200
San Diego CA 92121
Yes No No No
Reported Non-Derivative Transactions
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 $0.00 464,172 No 4 A Direct
Common Stock Disposition 2024-06-21 36,016 $0.69 428,156 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 S Direct
Footnotes
  1. 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.
  2. Consists of (i) 318,550 shares of common stock and (ii) 145,622 unvested restricted stock units.
  3. 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.
  4. 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 $0.71, 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.
  5. Consists of (i) 282,534 shares of common stock and (ii) 145,622 unvested restricted stock units.