Charlie Bass - 26 May 2023 Form 4 Insider Report for SOCKET MOBILE, INC. (SCKT)

Role
Director, 10%+ Owner
Signature
Charlie Bass
Issuer symbol
SCKT
Transactions as of
26 May 2023
Net transactions value
+$741,268,000,000
Form type
4
Filing time
30 May 2023, 14:49:40 UTC
Previous filing
03 Apr 2023
Next filing
08 Jun 2023
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SCKT Subordinated Convertible Note Purchase $741,268,000,000 +741,268 +107% $1000000.00* 1,431,199 26 May 2023 Common Stock 741,268 $1.34 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Subordinated Convertible note is convertible any time on or prior to May 26, 2026. In addition, on or after May 26, 2024, the noteholder has the option to receive the prepayment of principal and accrued interest in cash.