Joseph M. Manko Jr. - Jul 2, 2021 Form 4 Insider Report for WIRELESS TELECOM GROUP INC (WTT)

Role: 10%+ Owner
Signature: /s/ Joseph M. Manko, Jr.
Stock symbol: WTT
Transactions as of: Jul 2, 2021
Transactions value $: -$623,716
Form type: 4
Date filed: 7/7/2021, 06:09 PM
Previous filing: Jul 1, 2021
Next filing: Jul 16, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WTT	Common Stock	Sale	-$364K	-121K	-5.55%	$3.00	2.06M	Jul 2, 2021	By Horton Capital Partners Fund, LP	F1, F2
transaction	WTT	Common Stock	Sale	-$245K	-81K	-3.92%	$3.03	1.98M	Jul 6, 2021	By Horton Capital Partners Fund, LP	F1, F2
transaction	WTT	Common Stock	Sale	-$14.1K	-4.7K	-0.24%	$3.00	1.98M	Jul 7, 2021	By Horton Capital Partners Fund, LP	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The shares of Common Stock were purchased in multiple transactions on each date and the price reported in Column 4 for each date is a volume weighted average price. The shares of common stock were purchased in multiple transactions at prices ranging from: (i) $2.91-$3.25 on July 2, 2021, and (ii) $3.00-$3.22 on July 6, 2021. The reporting person undertakes to provide to the issuer, any holder of the issuer's common stock, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote to this Form 4.
F2	This Form 4 is filed jointly by Horton Capital Management, LLC, a Delaware limited liability company ("HCM"), Horton Capital Partners LLC, a Delaware limited liability company ("HCP"), Horton Capital Partners Fund, LP ("HCPF"), and Joseph M. Manko, Jr. Pursuant to investment advisory agreements, HCM maintains investment and voting power with respect to shares of Common Stock of the Issuer held by HCPF. However, despite the delegation of investment and voting power to HCM, HCP may be deemed to be the beneficial owner of such Common Stock because, in the event HCM's investment advisory agreement with respect to such Common Stock is terminated, HCP has the right to assume HCM's discretionary investment and voting authority with respect to such Common Stock. HCP is the general partner of HCPF. Mr. Manko is the managing member of both HCM and HCP.

Content

The shares of Common Stock were purchased in multiple transactions on each date and the price reported in Column 4 for each date is a volume weighted average price. The shares of common stock were purchased in multiple transactions at prices ranging from: (i) $2.91-$3.25 on July 2, 2021, and (ii) $3.00-$3.22 on July 6, 2021. The reporting person undertakes to provide to the issuer, any holder of the issuer's common stock, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote to this Form 4.

This Form 4 is filed jointly by Horton Capital Management, LLC, a Delaware limited liability company ("HCM"), Horton Capital Partners LLC, a Delaware limited liability company ("HCP"), Horton Capital Partners Fund, LP ("HCPF"), and Joseph M. Manko, Jr. Pursuant to investment advisory agreements, HCM maintains investment and voting power with respect to shares of Common Stock of the Issuer held by HCPF. However, despite the delegation of investment and voting power to HCM, HCP may be deemed to be the beneficial owner of such Common Stock because, in the event HCM's investment advisory agreement with respect to such Common Stock is terminated, HCP has the right to assume HCM's discretionary investment and voting authority with respect to such Common Stock. HCP is the general partner of HCPF. Mr. Manko is the managing member of both HCM and HCP.

Remarks:

The filing of this statement shall not be construed as an admission (a) that the person filing this statement is, for the purposes of Section 16 of the Securities Exchange Act of 1934, as amended, the beneficial owner of any equity securities covered by this statement, or (b) that this statement is legally required to be filed by such person.