Gary Williams - 24 Feb 2021 Form 4/A - Amendment Insider Report for Summit Wireless Technologies, Inc. (DVLT)

Signature
/s/ Gary Williams
Issuer symbol
DVLT
Transactions as of
24 Feb 2021
Net transactions value
$0
Form type
4/A - Amendment
Filing time
04 Mar 2022, 16:46:10 UTC
Date Of Original Report
26 Feb 2021
Next filing
23 Dec 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WISA Common Stock Award $0 +20,000 +45% $0.000000 64,396 24 Feb 2021 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This Form 4/A is being filed to correct a typographical error pertaining to the vesting dates of the shares on the original Form 4 filed by the reporting person on February 26, 2021 in order to state that the vesting occurs on each anniversary of March 15, 2021, which was the original commencement date of the measurement period.
F2 20,000 shares (the "2018 LTIP Shares") of common stock, par value $0.0001 per share, of the issuer (the "Common Stock") were received as compensation for the reporting person's service as an officer pursuant to the issuer's 2018 Long-Term Stock Incentive Plan. The 2018 LTIP Shares are scheduled to vest in equal installments on the first, second and third anniversaries of March 15, 2021, so long as the reporting person remains in the service of the issuer on each such anniversary.

Remarks:

Chief Accounting Officer and VP of Finance