James A. Gustke - Dec 5, 2024 Form 4 Insider Report for OOMA INC (OOMA)

Signature
/s/ James A. Gustke
Stock symbol
OOMA
Transactions as of
Dec 5, 2024
Transactions value $
-$72,211
Form type
4
Date filed
12/9/2024, 06:37 PM
Previous filing
Dec 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OOMA Common Stock Sale -$60.9K -3.58K -11.46% $17.00 27.7K Dec 5, 2024 Direct F1
transaction OOMA Common Stock Tax liability -$11.3K -759 -2.74% $14.91 26.9K Dec 8, 2024 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Sale effected under sales plan pursuant to Rule 10b5-1(c)(1) of the Securities Exchange Act of 1934, as amended, adopted by the Reporting Person on June 27, 2024.
F2 Shares delivered by Reporting Person to Issuer in payment of the withholding tax liability upon vesting of the restricted stock units.