| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | RESN | Common Stock | Disposition pursuant to a tender of shares in a change of control transaction | $253,125 | -56,250 | -100% | $4.50 | 0 | 28 Mar 2022 | Direct | |
| transaction | RESN | Common Stock | Disposition pursuant to a tender of shares in a change of control transaction | $281,250 | -62,500 | -100% | $4.50 | 0 | 28 Mar 2022 | By Trust |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | RESN | Restricted Stock Units | Disposed to Issuer | $253,125 | -56,250 | -100% | $4.50 | 0 | 28 Mar 2022 | Common Stock | 56,250 | Direct | F1, F2 | |
| transaction | RESN | Restricted Stock Units | Disposed to Issuer | $421,875 | -93,750 | -100% | $4.50 | 0 | 28 Mar 2022 | Common Stock | 93,750 | Direct | F1, F3 | |
| transaction | RESN | Restricted Stock Units | Disposed to Issuer | $84,375 | -18,750 | -100% | $4.50 | 0 | 28 Mar 2022 | Common Stock | 18,750 | Direct | F1, F4 | |
| transaction | RESN | Restricted Stock Units | Disposed to Issuer | $86,733 | -19,274 | -100% | $4.50 | 0 | 28 Mar 2022 | Common Stock | 19,274 | Direct | F1, F5 |
Clint Brown is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.
| Id | Content |
|---|---|
| F1 | Each restricted stock unit represents a contingent right to receive one share of Resonant Inc. common stock. |
| F2 | In connection with the Agreement and Plan of Merger, dated February 14, 2022, by and among Murata Electronics North America, Inc., PJ Cosmos Acquisition Company, Inc. and Resonant Inc. (the "Merger Agreement"), these restricted stock units, which provided for vesting of 18,750 shares on each of December 1, 2022, December 1, 2023, and December 1, 2024, were assumed and converted into a right of the holder to receive upon settlement an amount in cash equal to the per share merger consideration of $4.50 multiplied by the number of shares of common stock subject to such restricted stock units immediately prior to the merger. Upon the termination of the holder's employment with Resonant Inc. immediately following consummation of the merger, these assumed restricted stock units became fully vested and will be settled in cash. |
| F3 | In connection with the Merger Agreement these restricted stock units, which provided for vesting of 31,250 shares on each of December 1, 2022, December 1, 2023, and December 1, 2024, were assumed and converted into a right of the holder to receive upon settlement an amount in cash equal to the per share merger consideration of $4.50 multiplied by the number of shares of common stock subject to such restricted stock units immediately prior to the merger. Upon the termination of the holder's employment with Resonant Inc. immediately following consummation of the merger, these assumed restricted stock units became fully vested and will be settled in cash. |
| F4 | In connection with the Merger Agreement, these restricted stock units, which provided for vesting of 6,250 shares each of April 1, 2022, July 1, 2022, and September 1, 2022, were assumed and converted into a right of the holder to receive upon settlement an amount in cash equal to the per share merger consideration of $4.50 multiplied by the number of shares of common stock subject to such restricted stock units immediately prior to the merger. Upon the termination of the holder's employment with Resonant Inc. immediately following consummation of the merger, these assumed restricted stock units became fully vested and will be settled in cash. |
| F5 | In connection with the Merger Agreement, these restricted stock units, which provided for vesting of 4,820 shares on December 1, 2022, and in 3 further installments of 4,818 shares on each of December 1, 2023, December 1, 2024, and December 1, 2025, were assumed and converted into a right of the holder to receive upon settlement an amount in cash equal to the per share merger consideration of $4.50 multiplied by the number of shares of common stock subject to such restricted stock units immediately prior to the merger. Upon the termination of the holder's employment with Resonant Inc. immediately following consummation of the merger, these assumed restricted stock units became fully vested and will be settled in cash. |