Scott L. Edwards - Aug 31, 2022 Form 4 Insider Report for AutoWeb, Inc. (AUTO)

Role
SVP, DIGITAL MARKETING OPS
Signature
/s/ Glenn E. Fuller, Attorney-in-Fact
Stock symbol
AUTO
Transactions as of
Aug 31, 2022
Transactions value $
$0
Form type
4
Date filed
9/2/2022, 06:19 PM
Previous filing
Feb 17, 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
transaction AUTO Employee Stock Options (Right to Buy) Other $0 -35K -100% $0.00* 0 Aug 31, 2022 Common Stock 35K $2.75 Direct F1
transaction AUTO Employee Stock Options (Right to Buy) Other $0 -50K -100% $0.00* 0 Aug 31, 2022 Common Stock 50K $2.75 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Scott L. Edwards is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 .Pursuant to that certain Agreement and Plan of Merger (the "Merger Agreement"), dated July 24, 2022, by and among the Issuer, Unity AC 1, LLC ("Parent") and Unity AC 2, Inc., a wholly-owned subsidiary of Parent, the Reporting Person's stock options were terminated and cancelled for no consideration as of the Effective Time (as defined in the Merger Agreement).