Richard M. Cohen - 31 Oct 2023 Form 4 Insider Report for Ondas Holdings Inc. (ONDS)

Role
Director
Signature
/s/ Richard M. Cohen
Issuer symbol
ONDS
Transactions as of
31 Oct 2023
Net transactions value
-$6,406
Form type
4
Filing time
24 Nov 2023, 21:35:37 UTC
Previous filing
21 Aug 2023
Next filing
07 Jun 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ONDS Common Stock Options Exercise $0 +16,216 +38% $0.000000 58,923 22 Nov 2023 Direct F1
transaction ONDS Common Stock Sale $6,406 -5,930 -10% $1.08 52,993 22 Nov 2023 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 Options Exercise $0 -16,216 -100% $0.000000* 0 22 Nov 2023 Common Stock 16,216 Direct F4, F5
transaction ONDS Restricted Stock Units Award $0 +157,894 $0.000000 157,894 31 Oct 2023 Common Stock 157,894 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, par value $0.0001 per share ("Common Stock"), received upon vesting of Restricted Stock Units ("RSUs").
F2 These shares were sold 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 $1.08 to $1.09, 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.
F5 On December 19, 2022, the reporting person was granted 32,432 RSUs. The RSUs vested 25% on each of January 1, 2023, April 1, 2023, July 1, 2023, and October 1, 2023, provided that the reporting person was a director of the Company on the applicable vesting date. All RSUs granted to the reporting person shall have 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 November 22, 2023.
F6 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.