Namrata Sabharwal - 01 Jun 2022 Form 3 Insider Report for OOMA INC (OOMA)

Signature
/s/ Namrata Sabharwal
Issuer symbol
OOMA
Transactions as of
01 Jun 2022
Net transactions value
$0
Form type
3
Filing time
17 Jun 2022, 18:35:18 UTC
Next filing
17 Jun 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding OOMA Common Stock 33,315 01 Jun 2022 Direct F1

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
holding OOMA Employee Stock Option (Right to Buy) 01 Jun 2022 Common Stock 5,000 $9.18 Direct F2
holding OOMA Employee Stock Option (Right to Buy) 01 Jun 2022 Common Stock 1,500 $10.52 Direct F3
holding OOMA Employee Stock Option (Right to Buy) 01 Jun 2022 Common Stock 1,000 $16.28 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes restricted stock units ("RSU") which vest as follows: (i) 1/16th of 7,500 RSUs will vest on the same day of every third month thereafter commencing on June 15, 2022 and (ii) 1/16th of 17,874 RSUs will vest on the same day of every third month thereafter commencing on September 1, 2022.
F2 The option is fully vested and exercisable.
F3 1/16th of the shares subject to the option shall vest and become exercisable on June 15, 2020, and 1/16th of the shares subject to the option shall vest and become exercisable on the same day of every third month thereafter. 750 of the shares subject to the option are fully vested and are immediately exercisable.
F4 1/16th of the shares subject to the option shall vest and become exercisable on June 1, 2021, and 1/16th of the shares subject to the option shall vest and become exercisable on the same day of every third month thereafter. 313 of the shares subject to the option are fully vested and are immediately exercisable.

Remarks:

Exhibit 24.1: Power of Attorney