Richard H. Silverman - 15 Dec 2022 Form 4 Insider Report for Ondas Holdings Inc. (ONDS)

Role
Director
Signature
/s/ Richard H. Silverman
Issuer symbol
ONDS
Transactions as of
15 Dec 2022
Net transactions value
-$6,057
Form type
4
Filing time
20 Dec 2022, 19:00:33 UTC
Previous filing
21 Dec 2021
Next filing
21 Aug 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ONDS Common Stock Options Exercise $0 +1,250 +4.5% $0.000000 29,314 15 Dec 2022 Direct F1
transaction ONDS Common Stock Options Exercise $0 +6,362 +22% $0.000000 35,676 15 Dec 2022 Direct F1
transaction ONDS Common Stock Sale $6,057 -3,274 -9.2% $1.85 32,402 15 Dec 2022 Direct F2, F3

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 ONDS Restricted Stock Units Award $0 +32,432 $0.000000 32,432 19 Dec 2022 Common Stock 32,432 Direct F4, F5
transaction ONDS Restricted Stock Units Options Exercise $0 -1,250 -100% $0.000000* 0 15 Dec 2022 Common Stock 1,250 Direct F4, F6
transaction ONDS Restricted Stock Units Options Exercise $0 -6,362 -100% $0.000000* 0 15 Dec 2022 Common Stock 6,362 Direct F4, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of Ondas Holdings Inc. (the "Company") common stock received upon vesting of Restricted Stock Units ("RSUs").
F2 These shares were sold by the Issuer to fund tax liability attributable to the vesting of the RSUs.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.8512 to $1.8519, inclusive. The reporting person undertakes to provide the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F4 Each RSU represents a contingent right to receive one share of common stock, par value $0.0001 per share, of the Company.
F5 These RSUs vest in four successive equal quarterly installments with the first vesting date commencing on the first day of the next calendar quarter, provided that the reporting person is a director of the Company on the applicable vesting dates. All RSUs granted to the reporting person shall vest in full immediately upon a change in control.
F6 These RSUs were granted on January 25, 2021 and vest in four successive equal quarterly installments with the first vesting date commencing on the first day of the next calendar quarter, provided that the reporting person is a director of the Company on the applicable vesting dates. All RSUs granted to the reporting person shall vest in full immediately upon a change in control. In connection with the vesting of these RSUs, 1,250 shares of common stock were delivered to the reporting person on December 15, 2022.
F7 These RSUs were granted on November 5, 2021 and vest in four successive equal quarterly installments with the first vesting date commencing on the first day of the next calendar quarter, provided that the reporting person is a director of the Company on the applicable vesting dates. All RSUs granted to the reporting person shall vest in full immediately upon a change in control. In connection with the vesting of these RSUs, 6,362 shares of common stock were delivered to the reporting person on December 15, 2022.