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

Role
President and CEO, Director, 10%+ Owner
Signature
Kevin Mills
Stock symbol
SCKT
Transactions as of
May 26, 2023
Transactions value $
$186,566,649,850
Form type
4
Date filed
5/30/2023, 05:06 PM
Previous filing
Apr 6, 2023
Next filing
Aug 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SCKT Common Stock Options Exercise $19K +20K +10.89% $0.95 204K May 26, 2023 Direct
transaction SCKT Common Stock Options Exercise $9.45K +5K +2.45% $1.89 209K May 26, 2023 Direct
transaction SCKT Common Stock Options Exercise $45.4K +20K +9.58% $2.27 229K May 26, 2023 Direct
transaction SCKT Common Stock Options Exercise $76K +40K +17.49% $1.90 269K May 26, 2023 Direct

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 $187B +373K +311.3% $500,000.00* 493K May 26, 2023 Common Stock 373K $1.34 Direct F1
transaction SCKT Common Stock Option Options Exercise $0 -20K -8.55% $0.00 214K May 26, 2023 Common 20K $0.95 Direct F2
transaction SCKT Common Stock Option Options Exercise $0 -5K -2.34% $0.00 209K May 26, 2023 Common 5K $1.89 Direct F2
transaction SCKT Common Stock Option Options Exercise $0 -20K -9.57% $0.00 189K May 26, 2023 Common 20K $2.27 Direct F2
transaction SCKT Common Stock Option Options Exercise $0 -40K -21.17% $0.00 149K May 26, 2023 Common 40K $1.90 Direct F2
* 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.
F2 Monthly vesting.