Thomas Bushey - 21 Dec 2022 Form 4 Insider Report for Ondas Holdings Inc. (ONDS)

Role
Director
Signature
/s/ Thomas Bushey
Issuer symbol
ONDS
Transactions as of
21 Dec 2022
Net transactions value
-$313,284
Form type
4
Filing time
27 Dec 2022, 20:00:56 UTC
Previous filing
21 Dec 2022
Next filing
02 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ONDS Common Stock Options Exercise $0 +1,591 +74% $0.000000 3,728 21 Dec 2022 Direct F1
transaction ONDS Common Stock Options Exercise $0 +165,606 +4442% $0.000000 169,334 21 Dec 2022 Direct F1
transaction ONDS Common Stock Sale $102,886 -54,902 -32% $1.87 114,432 21 Dec 2022 Direct F2, F3
transaction ONDS Common Stock Options Exercise $0 +167,197 +146% $0.000000 281,629 22 Dec 2022 Direct F1
transaction ONDS Common Stock Sale $88,597 -49,970 -18% $1.77 231,659 22 Dec 2022 Direct F2, F4
transaction ONDS Common Stock Options Exercise $0 +167,197 +72% $0.000000 398,856 23 Dec 2022 Direct F1
transaction ONDS Common Stock Sale $121,801 -72,804 -18% $1.67 326,052 23 Dec 2022 Direct F2, F5

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 -1,591 -50% $0.000000 1,590 21 Dec 2022 Common Stock 1,591 Direct F6, F7
transaction ONDS Restricted Stock Units Options Exercise $0 -165,606 -33% $0.000000 334,394 21 Dec 2022 Common Stock 165,606 Direct F6, F8
transaction ONDS Restricted Stock Units Options Exercise $0 -167,197 -50% $0.000000 167,197 22 Dec 2022 Common Stock 167,197 Direct F6, F8
transaction ONDS Restricted Stock Units Options Exercise $0 -167,197 -100% $0.000000* 0 23 Dec 2022 Common Stock 167,197 Direct F6, F8
* 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 $1.82 to $1.92, inclusive. The reporting person undertakes to provide to 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 footnotes (3), (4) and (5) to this Form 4.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.74 to $1.81, inclusive.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.63 to $1.71, inclusive.
F6 Each RSU represents a contingent right to receive one share of common stock, par value $0.0001 per share, of the Company.
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, 1,591 shares of common stock were delivered to the reporting person on December 21, 2022.
F8 These RSUs were granted on June 3, 2020. 375,000 RSUs vested as of December 31, 2020 and 125,000 RSUs vested January 19, 2021. In connection with the vesting of these RSUs, 165,606, 167,197 and 167,197 (500,000 total) shares of common stock were delivered to the reporting person on December 21, 2022, December 22, 2022, and December 23, 2022, respectively.