Phillip Bosua - Jan 23, 2023 Form 4 Insider Report for KNOW LABS, INC. (KNW)

Role
Former CEO and President, 10%+ Owner
Signature
/s/ Phillip A. Bosua
Stock symbol
KNW
Transactions as of
Jan 23, 2023
Transactions value $
$0
Form type
4
Date filed
2/15/2023, 10:12 AM
Previous filing
Dec 19, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding KNW Common Stock 3.01M Jan 23, 2023 Direct

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 KNW Option to Purchase Common Stock Other $0 0 0% $0.00* 1M Jan 23, 2023 Common Stock 1M $1.28 Direct F1, F2
transaction KNW Option to Purchase Common Stock Other $0 -1.2M -100% $0.00* 0 Jan 23, 2023 Common Stock 1.2M $1.10 Direct F1, F2, F3
transaction KNW Option to Purchase Common Stock Other $0 -3.96M -92.86% $0.00 305K Jan 23, 2023 Common Stock 3.96M $1.53 Direct F1, F3, F4
transaction KNW Option to Purchase Common Stock Other $0 -975K -75% $0.00 325K Jan 23, 2023 Common Stock 975K $2.09 Direct F1, F5
transaction KNW Option to Purchase Common Stock Other $0 -1.25M -100% $0.00* 0 Jan 23, 2023 Common Stock 1.25M $1.41 Direct F1, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Phillip Bosua is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Pursuant to Separation and Release Agreement dated January 23, 2023, all outstanding Options to Purchase Common Stock have ceased vesting after the Separation Date (01/23/2023) and all vested stock options shall be exercisable for a period of one year after the Separation Date. All unvested options have been cancelled. As a result, the Company and Bosua entered into amended Stock Option Agreements reflecting the aforementioned terms.
F2 All 1,000,000 options are vested; The expiration date has thus been extended from August 1, 2023 to January 23, 2024.
F3 All 1,200,000 options have been cancelled.
F4 304,600 options under the stock option agreement dated December 15, 2020 have vested and 3,959,795 remaining options have been cancelled. The expiration date has been amended to January 23, 2024.
F5 325,000 options under the stock option agreement dated December 15, 2021 have vested and 975,000 remaining options have been cancelled. The expiration date has been amended to January 23, 2024.
F6 All 1,250,000 options have been cancelled.