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
- 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) 318,550 shares of common stock and (ii) 145,622 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 $0.71, 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.
- Consists of (i) 282,534 shares of common stock and (ii) 145,622 unvested restricted stock units.
Billionaire Hedge Funds
