Richard M. Cohen - 19 Dec 2022 Form 4 Insider Report for Ondas Holdings Inc. (ONDS)

Role: Director
Signature: /s/ Richard M. Cohen
Issuer symbol: ONDS
Transactions as of: 19 Dec 2022
Net transactions value: -$6,421
Form type: 4
Filing time: 20 Dec 2022, 19:01:36 UTC
Previous filing: 14 Mar 2022
Next filing: 16 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	19 Dec 2022	Direct	F1
transaction	ONDS	Common Stock	Options Exercise	$0	+6,362	+22%	$0.000000	35,676	19 Dec 2022	Direct	F1
transaction	ONDS	Common Stock	Sale	$6,421	-3,509	-9.8%	$1.83	32,167	19 Dec 2022	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	ONDS	Restricted Stock Units	Award	$0	+32,432		$0.000000	32,432	19 Dec 2022	Common Stock	32,432		Direct	F3, F4
transaction	ONDS	Restricted Stock Units	Options Exercise	$0	-1,250	-100%	$0.000000^*	0	19 Dec 2022	Common Stock	1,250		Direct	F3, F5
transaction	ONDS	Restricted Stock Units	Options Exercise	$0	-6,362	-100%	$0.000000^*	0	19 Dec 2022	Common Stock	6,362		Direct	F3, F6

* 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	Each RSU represents a contingent right to receive one share of common stock, par value $0.0001 per share, of the Company.
F4	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.
F5	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 19, 2022.
F6	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 19, 2022.