Thomas Bushey - Aug 17, 2023 Form 4 Insider Report for Ondas Holdings Inc. (ONDS)

Role
Director
Signature
/s/ Thomas Bushey
Stock symbol
ONDS
Transactions as of
Aug 17, 2023
Transactions value $
-$6,017
Form type
4
Date filed
8/21/2023, 09:48 PM
Previous filing
Mar 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ONDS Common Stock Options Exercise $0 +16.2K +6.42% $0.00 269K Aug 17, 2023 Direct F1
transaction ONDS Common Stock Sale -$6.02K -5.68K -2.11% $1.06 263K Aug 17, 2023 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 Options Exercise $0 -16.2K -50% $0.00 16.2K Aug 17, 2023 Common Stock 16.2K Direct F3, F4
* 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, par value $0.0001 per share ("Common Stock"), received upon vesting of Restricted Stock Units ("RSUs").
F2 These shares were sold by the Company 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.
F4 On December 19, 2022, the reporting person was granted 32,432 RSUs. The RSUs (i) vested 25% on each of January 1, 2023, April 1, 2023, and July 1, 2023, and (ii) will vest 25% on October 1, 2023, provided that the reporting person is a director of the Company on the applicable vesting date. 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, 16,216 shares of common stock were delivered to the reporting person on August 17, 2023.