| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | SONM | Common Stock | Award | $0 | +78.9K | +34.16% | $0.00 | 310K | Jun 20, 2024 | Direct | F1, F2 |
| transaction | SONM | Common Stock | Sale | -$24.8K | -35.9K | -11.57% | $0.69 | 274K | Jun 21, 2024 | Direct | F3, F4, F5 |
| 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) 168,531 shares of common stock and (ii) 141,496 unvested restricted stock units. |
| F3 | Represents the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock units. These sales are mandated by the Issuer's election under its equity incentive plan to require the satisfaction of a tax withholding obligation to be funded by a "sell to cover" transaction and do not represent discretionary trades by the Reporting Person. |
| F4 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $0.69 to $0.74, inclusive. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer, or a securityholder of the Issuer full information regarding the number of shares and prices at which the transaction was effected. |
| F5 | Consists of (i) 132,649 shares of common stock and (ii) 141,496 unvested restricted stock units. |