Eric B. Stang - Mar 1, 2023 Form 4 Insider Report for OOMA INC (OOMA)

Role
CEO and Pres., Director
Signature
/s/ Eric B. Stang
Stock symbol
OOMA
Transactions as of
Mar 1, 2023
Transactions value $
-$155,219
Form type
4
Date filed
3/3/2023, 04:15 PM
Previous filing
Feb 14, 2023
Next filing
Mar 10, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OOMA Common Stock Tax liability -$155K -11.9K -4.1% $13.07 278K Mar 1, 2023 Direct F1
holding OOMA Common Stock 992K Mar 1, 2023 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 10,624 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.