Eric B. Stang - Dec 1, 2022 Form 4 Insider Report for OOMA INC (OOMA)

Signature
/s/ Eric B. Stang
Stock symbol
OOMA
Transactions as of
Dec 1, 2022
Transactions value $
-$176,808
Form type
4
Date filed
12/5/2022, 06:43 PM
Previous filing
Nov 3, 2022
Next filing
Dec 19, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OOMA Common Stock Tax liability -$177K -11.5K -3.49% $15.38 318K Dec 1, 2022 Direct F1
holding OOMA Common Stock 973K Dec 1, 2022 By the Eric Stang & Pamela Stang TR UA 09/02/2004 Stang Family Trust F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares delivered by Reporting Person to Issuer in payment of the withholding tax liability upon vesting of the restricted stock units.
F2 11,004 shares of the Company's Common Stock previously held directly by the reporting person were contributed by the reporting person to the Trust (as defined in Footnote 3).
F3 Shares held by the Eric Stang & Pamela Stang Trust U/A 09/02/2004 Stang Family Trust (the "Trust"). Voting and investment power over the shares held by the Trust is exercised by the reporting person, as one of the trustees.