Aaron J. Lehnhardt - Jun 2, 2023 Form 4 Insider Report for Knightscope, Inc. (KSCP)

Signature
/s/ Mallorie Burak, Attorney-in-Fact
Stock symbol
KSCP
Transactions as of
Jun 2, 2023
Transactions value $
-$60,523
Form type
4
Date filed
6/6/2023, 06:26 PM
Previous filing
Jul 14, 2022
Next filing
Aug 1, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KSCP Class A Common Stock Options Exercise $38.1K +238K $0.16* 238K Jun 2, 2023 Direct F1
transaction KSCP Class A Common Stock Sale -$98.6K -238K -100% $0.41 0 Jun 2, 2023 Direct F2

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 KSCP Stock Option (Right to Buy) Options Exercise $0 -238K -100% $0.00* 0 Jun 2, 2023 Class B Common Stock 238K $0.16 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On June 2, 2023, the reporting person exercised stock options to purchase 238,000 shares of Class B Common Stock, which were immediately converted into shares of Class A Common Stock. Shares of Class B Common Stock are convertible into an equal number of shares of Class A Common Stock at any time.
F2 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $0.383 to $0.4401, inclusive. The reporting person undertakes to provide to the issuer, any shareholder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within this footnote.
F3 The stock options vested and became exercisable as to 25% of the option shares after 12 months, and vested as to the remaining shares in equal monthly installments over the subsequent 48 months, subject to continuous service with the issuer as of each vesting date.