Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SONM | Common Stock | Award | $0 | +89.5K | +63.24% | $0.00 | 231K | Sep 28, 2023 | Direct | F1, F2 |
holding | SONM | Common Stock | 19.5M | Sep 28, 2023 | By AJP Holding Company, LLC | F3 |
Id | Content |
---|---|
F1 | Represents the grant of restricted stock units that vest in one installment on the earlier of the first anniversary of the grant date, immediately prior to the next annual meeting of stockholders, a change in control of the Issuer, or the Reporting Person's death or disability, subject to the Reporting Person's continued service to the Issuer. Each restricted stock unit represents the contingent right to receive one share of the Issuer's common stock. |
F2 | Consists of (i) 79,006 shares of common stock and (ii) 152,074 unvested restricted stock units. |
F3 | The Reporting Person is the sole manager of AJP Holding Company, LLC and may be deemed to be a beneficial owner of securities held by AJP Holding Company, LLC. The Reporting Person disclaims beneficial ownership of these securities except to the extent of its pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for Section 16 or any other purpose. |