Robert Tirva - Jun 10, 2021 Form 4 Insider Report for SONIM TECHNOLOGIES INC (SONM)

Role
President, CFO and COO
Signature
/s/ Robert Tirva
Stock symbol
SONM
Transactions as of
Jun 10, 2021
Transactions value $
-$27,450
Form type
4
Date filed
6/11/2021, 09:30 PM
Previous filing
Jun 9, 2021
Next filing
Jun 21, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SONM Common Stock Sale -$27.5K -42.9K -5.65% $0.64 716K Jun 10, 2021 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares sold by the Reporting Person pursuant to a mandatory sale provision of the relevant restricted share unit ("RSU") grant requiring the sale of sufficient shares to cover withholding taxes upon vesting of RSUs.
F2 The price reported in Column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $0.64 to $0.65, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F3 Includes (i) 481,875 RSUs and (ii) 10,380 and 11,691 shares acquired by the Reporting Person under the Issuer's 2019 Employee Stock Purchase Plan on November 13, 2020 and May 14, 2021, respectively.