Derek Reisfield - 15 Dec 2022 Form 4 Insider Report for Ondas Holdings Inc. (ONDS)

Role: Pres., CFO, Treasurer and Sec., Director
Signature: /s/ Derek Reisfield
Issuer symbol: ONDS
Transactions as of: 15 Dec 2022
Net transactions value: -$6,253
Form type: 4
Filing time: 20 Dec 2022, 19:09:47 UTC
Previous filing: 25 Mar 2022
Next filing: 14 Feb 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	+3.8%	$0.000000	34,314	15 Dec 2022	Direct	F1
transaction	ONDS	Common Stock	Options Exercise	$0	+6,362	+19%	$0.000000	40,676	15 Dec 2022	Direct	F1
transaction	ONDS	Common Stock	Sale	$6,253	-3,380	-8.3%	$1.85	37,296	15 Dec 2022	Direct	F2, F3
holding	ONDS	Common Stock						2,250	15 Dec 2022	By Son

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	Options Exercise	$0	-1,250	-100%	$0.000000^*	0	15 Dec 2022	Common Stock	1,250		Direct	F4, F5
transaction	ONDS	Restricted Stock Units	Options Exercise	$0	-6,362	-100%	$0.000000^*	0	15 Dec 2022	Common Stock	6,362		Direct	F4, 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	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.8511 to $1.8512, 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 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.
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 15, 2022.