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

Role
EVP, CFO
Signature
/s/ Glenn E. Fuller, Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
10 Jan 2022
Net transactions value
$0
Form type
3
Filing time
20 Jan 2022, 14:50:47 UTC
Next filing
07 Feb 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) 10 Jan 2022 Common Stock 120,000 $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.