Hao Peter Liu - Aug 23, 2023 Form 4 Insider Report for SONIM TECHNOLOGIES INC (SONM)

Role
Chief Executive Officer, Director
Signature
/s/ Clay Crolius, by power of attorney
Stock symbol
SONM
Transactions as of
Aug 23, 2023
Transactions value $
$419,000
Form type
4
Date filed
8/23/2023, 09:39 PM
Previous filing
Nov 21, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SONM Common Stock Options Exercise $419K +1M +94.53% $0.42 2.06M Aug 23, 2023 Direct

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 SONM Employee Stock Option (right to buy) Options Exercise $0 -1M -24.91% $0.00 3.01M Aug 23, 2023 Common Stock 1M $0.42 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of (i) 254,505 vested stock options and (ii) 2,759,914 stock options that will vest in eleven equal quarterly installments from October 14, 2023 to April 14, 2026. The options become exercisable upon vesting.