Carlton Hamer - Jan 10, 2022 Form 3 Insider Report for AutoWeb, Inc. (AUTO)

Role
EVP, CFO
Signature
/s/ Glenn E. Fuller, Attorney-in-Fact
Stock symbol
AUTO
Transactions as of
Jan 10, 2022
Transactions value $
$0
Form type
3
Date filed
1/20/2022, 02:50 PM
Next filing
Feb 7, 2022

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
holding AUTO Employee Stock Option (Right to Buy) Jan 10, 2022 Common Stock 120K $3.32 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Grant on January 10, 2022 to reporting person of inducement options to buy shares of common stock in transaction exempt under Rule 16b-3. These options will become vested and exercisable as follows: (i) 33 1/3% (adjusted to avoid the vesting of fractional options) shall vest and become exercisable on January 10, 2023, and (ii) 1/36 (adjusted monthly to avoid the vesting of fractional options in any month) shall vest and become exercisable on each successive monthly anniversary thereafter for the following 24 months ending January 10, 2025.