Eric B. Stang - Jun 15, 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
Jun 15, 2023
Transactions value $
-$62,217
Form type
4
Date filed
6/20/2023, 04:25 PM
Previous filing
Jun 9, 2023
Next filing
Aug 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OOMA Common Stock Tax liability -$62.2K -4.36K -0.93% $14.27 463K Jun 15, 2023 Direct F1, F2
holding OOMA Common Stock 1.02M Jun 15, 2023 By the Eric Stang & Pamela Stang TR UA 09/02/2004 Stang Family Trust F3, F4
* 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 The total amount of shares beneficially owned reflects an adjustment to correct an error in the amount reported in the Reporting Person's Form 4 filed on June 9, 2023, which included 7,581 shares that were also reported as indirectly held in the same Form 4.
F3 4,390 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).
F4 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.