Charles Becher - 26 Dec 2023 Form 4 Insider Report for SONIM TECHNOLOGIES INC (SONM)

Signature
/s/ Clay Crolius, by power of attorney
Issuer symbol
SONM
Transactions as of
26 Dec 2023
Net transactions value
+$52,375
Form type
4
Filing time
28 Dec 2023, 17:30:09 UTC
Previous filing
08 May 2023
Next filing
10 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SONM Common Stock Options Exercise $52,375 +125,000 +115% $0.4190 233,227 26 Dec 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 -125,000 -31% $0.000000 275,000 26 Dec 2023 Common Stock 125,000 $0.4190 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The options will vest in eleven (11) equal quarterly installments from February 29, 2024 to August 29, 2026. The options become exercisable upon vesting.

Remarks:

Chief Commercial Officer and General Manager of North America