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

Signature
Charlie Bass
Stock symbol
SCKT
Transactions as of
May 26, 2023
Transactions value $
$741,268,000,000
Form type
4
Date filed
5/30/2023, 02:49 PM
Previous filing
Apr 3, 2023
Next filing
Jun 8, 2023

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 $741B +741K +107.44% $1,000,000.00* 1.43M May 26, 2023 Common Stock 741K $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.