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

Role
Director
Signature
/s/ Richard M. Cohen
Stock symbol
ONDS
Transactions as of
Oct 31, 2023
Transactions value $
-$6,406
Form type
4
Date filed
11/24/2023, 09:35 PM
Previous filing
Aug 21, 2023
Next filing
Jun 7, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ONDS Common Stock Options Exercise $0 +16.2K +37.97% $0.00 58.9K Nov 22, 2023 Direct F1
transaction ONDS Common Stock Sale -$6.41K -5.93K -10.06% $1.08 53K Nov 22, 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 -16.2K -100% $0.00* 0 Nov 22, 2023 Common Stock 16.2K Direct F4, F5
transaction ONDS Restricted Stock Units Award $0 +158K $0.00 158K Oct 31, 2023 Common Stock 158K 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.