Eclipse Continuity GP I, LLC - 10 Oct 2025 Form 4 Insider Report for Owlet, Inc. (OWLT)

Signature
Eclipse Early Growth Fund I, L.P., by: Eclipse Early Growth GP I LLC, its General Partner, /s/ Lior Susan, Managing Member
Issuer symbol
OWLT
Transactions as of
10 Oct 2025
Transactions value $
$0
Form type
4
Filing time
15 Oct 2025, 18:56:41
Previous filing
22 Aug 2024

Reporting Owners (6)

Name Relationship Address Signature Signature date CIK
Eclipse Continuity GP I, LLC Director, Director by Deputization, 10%+ Owner 514 HIGH STREET, SUITE 4, PALO ALTO Eclipse Early Growth Fund I, L.P., by: Eclipse Early Growth GP I LLC, its General Partner, /s/ Lior Susan, Managing Member 15 Oct 2025 0001675124
Eclipse Early Growth Fund I, L.P. Director, Director by Deputization, 10%+ Owner 514 HIGH STREET, SUITE 4, PALO ALTO Eclipse Early Growth GP I LLC, by /s/ Lior Susan, Managing Member 15 Oct 2025 0001877287
Eclipse Early Growth GP I, LLC Director, Director by Deputization, 10%+ Owner 514 HIGH STREET, SUITE 4, PALO ALTO Eclipse Continuity GP I, LLC, /s/ Lior Susan, Managing Member 15 Oct 2025 0001876955
Eclipse Continuity Fund I, L.P. Director, Director by Deputization, 10%+ Owner 514 HIGH STREET, SUITE 4, PALO ALTO Eclipse Continuity Fund I, L.P., By: Eclipse Continuity GP I, LLC, its General Partner, /s/ Lior Susan, Managing Member 15 Oct 2025 0001675126
Eclipse Ventures GP I, LLC Director, Director by Deputization, 10%+ Owner 514 HIGH STREET, SUITE 4, PALO ALTO Eclipse Ventures GP I, LLC, /s/ Lior Susan, Managing Member 15 Oct 2025 0001843678
Eclipse Ventures Fund I, L.P. Director, Director by Deputization, 10%+ Owner 514 HIGH STREET, SUITE 4, PALO ALTO Eclipse Ventures Fund I, L.P., By: Eclipse Ventures GP I, LLC, its General Partner, /s/ Lior Susan, Managing Member 15 Oct 2025 0001641394

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OWLT Common Stock Award +3.9M +220.68% 5.67M 10 Oct 2025 See footnote F1, F2
holding OWLT Common Stock 969K 10 Oct 2025 See footnote F3
holding OWLT Common Stock 1.07M 10 Oct 2025 See footnote F4

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 OWLT Series A Warrants (Right to Purchase Shares of Common Stock) Disposed to Issuer -5.3M -100% 0 10 Oct 2025 Common Stock 5.3M See footnote F1, F2
transaction OWLT Series B Warrants (Right to Purchase Shares of Common Stock) Disposed to Issuer -1.17M -100% 0 10 Oct 2025 Common Stock 1.17M See footnote F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On October 10, 2025, Eclipse Early Growth Fund I, L.P. ("Eclipse EGF I") exchanged (a) warrants to purchase shares of Class A common stock, par value $0.0001 per share, of the Company (the "Common Stock"), that were initially issued in February 2023 in connection with the Company's issuance and sale of Series A Convertible Preferred Stock and (b) warrants to purchase shares of Common Stock that were initially issued in February 2024 in connection with the Company's issuance and sale of Series B Convertible Preferred Stock for the shares of Common Stock reported herein at a ratio of approximately 0.61 and 0.56 shares per warrant, respectively. The disposition or deemed disposition of the warrants and any shares of Common Stock that may have been be acquired upon exercise of such warrants and the acquisition of Common Stock in this exchange were exempted from Section 16(b) of the Act pursuant to Rule 16b-3 thereunder.
F2 The securities are held of record by Eclipse EGF I. Eclipse Early Growth GP I, LLC ("Eclipse EG GP I") is the general partner of Eclipse EGF I and may be deemed to have voting and dispositive power over the shares held by Eclipse EGF I. Mr. Susan is the sole managing member of Eclipse EG GP I and may be deemed to have voting and dispositive power over the shares held by Eclipse EGF I. Eclipse EG GP I and Mr. Susan disclaim beneficial ownership of the shares held by Eclipse EGF I except to the extent of their respective pecuniary interests therein, if any.
F3 The securities are held of record by Eclipse Ventures Fund I, L.P. ("Eclipse I"). Eclipse Ventures GP I, LLC ("Eclipse I GP") is the general partner of Eclipse I and may be deemed to have voting and dispositive power over the shares held by Eclipse I. Lior Susan, a member of the Issuer's board of directors, is the sole managing member of Eclipse I GP and may be deemed to have voting and dispositive power over the shares held by Eclipse I. Eclipse I GP and Mr. Susan disclaim beneficial ownership of the shares held by Eclipse I except to the extent of their respective pecuniary interests therein, if any.
F4 The securities are held of record by Eclipse Continuity Fund I, L.P. ("Eclipse Continuity I", and collectively with Eclipse EGF I and Eclipse I, the "Eclipse Funds"). Eclipse Continuity GP I, LLC ("Eclipse Continuity GP") is the general partner of Eclipse Continuity I and may be deemed to have voting and dispositive power over the shares held by Eclipse Continuity I. Mr. Susan, a member of the Issuer's board of directors, is the sole managing member of Eclipse Continuity GP and may be deemed to have voting and dispositive power over the shares held by Eclipse Continuity I. Eclipse Continuity GP and Mr. Susan disclaim beneficial ownership of the shares held by Eclipse Continuity I except to the extent of their respective pecuniary interests therein, if any.

Remarks:

Lior Susan, the sole Managing Member of each of Eclipse EG GP I, Eclipse I GP and Eclipse Continuity GP, was elected to the board of directors of the Issuer as a representative of the Eclipse Funds. As a result, each of Eclipse EG GP I, Eclipse I GP and Eclipse Continuity GP and the Eclipse Funds is a director by deputization of the Issuer solely for purposes of Section 16 of the Act. Mr. Susan, due to his status as a director of the Issuer, files separate Section 16 reports.