Eric Glaenzer - Aug 21, 2024 Form 4 Insider Report for SOCKET MOBILE, INC. (SCKT)

Role
VP & Chief Technology Officer
Signature
/s/ Eric Glaenzer
Stock symbol
SCKT
Transactions as of
Aug 21, 2024
Transactions value $
$656,825,000
Form type
4
Date filed
8/22/2024, 01:20 PM
Previous filing
Aug 21, 2024

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 $657M +26.3K $25,000.00* 26.3K Aug 21, 2024 Common Stock 26.3K $0.95 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 August 21, 2025. In addition, on or after August 21, 2025, the noteholder has the option to receive the prepayment of principal and accrued interest in cash.