Brett Moyer - 19 Sep 2022 Form 4 Insider Report for WISA TECHNOLOGIES, INC. (DVLT)

Role
Chief Executive Officer, President and Chairman of the Board, Director
Signature
/s/ Brett Moyer
Issuer symbol
DVLT
Transactions as of
19 Sep 2022
Net transactions value
$0
Form type
4
Filing time
21 Sep 2022, 19:12:30 UTC
Previous filing
18 Mar 2022
Next filing
08 Dec 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WISA Common Stock Award $0 +50,000 +8.5% $0.000000 635,876 19 Sep 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 50,000 shares (the "LTIP Shares") of common stock, par value $0.0001 per share, of the issuer were received as compensation for the reporting person's service as a member of the issuer's board of directors and as an officer pursuant to the issuer's 2018 Long-Term Stock Incentive Plan (the "Grant"). The LTIP Shares associated with the Grant are scheduled to vest in equal installments on the first, second and third anniversaries of September 19, 2022, so long as the reporting person remains in the service of the issuer on each such anniversary.

Remarks:

Chief Executive Officer, President and Chairman of the Board