Dylan Kelly - 01 Dec 2021 Form 4 Insider Report for Resonant Inc

Role: Chief Operating Officer
Signature: /s/Martin S. McDermut, Attorney-In-Fact
Issuer symbol: N/A
Transactions as of: 01 Dec 2021
Net transactions value: -$79,972
Form type: 4
Filing time: 03 Dec 2021, 20:57:59 UTC
Previous filing: 19 Nov 2021
Next filing: 19 Jan 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RESN	Common Stock	Options Exercise		+50,000	+51%		148,643	01 Dec 2021	Direct	F1
transaction	RESN	Common Stock	Options Exercise		+12,500	+8.4%		161,143	01 Dec 2021	Direct	F1
transaction	RESN	Common Stock	Options Exercise		+37,500	+23%		198,643	01 Dec 2021	Direct	F1
transaction	RESN	Common Stock	Options Exercise		+11,554	+5.8%		210,197	01 Dec 2021	Direct	F1
transaction	RESN	Common Stock	Options Exercise		+7,500	+3.6%		217,697	01 Dec 2021	Direct	F1
transaction	RESN	Common Stock	Sale	$49,712	-26,189	-12%	$1.90	191,508	02 Dec 2021	Direct	F2, F3
transaction	RESN	Common Stock	Sale	$30,260	-17,311	-9%	$1.75	174,197	03 Dec 2021	Direct	F2, F4

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	RESN	Restricted Stock Units	Options Exercise	$0	-50,000	-33%	$0.000000	100,000	01 Dec 2021	Common Stock	50,000		Direct	F1, F5
transaction	RESN	Restricted Stock Units	Options Exercise	$0	-12,500	-33%	$0.000000	25,000	01 Dec 2021	Common Stock	12,500		Direct	F1, F6
transaction	RESN	Restricted Stock Units	Options Exercise	$0	-37,500	-33%	$0.000000	75,000	01 Dec 2021	Common Stock	37,500		Direct	F1, F7
transaction	RESN	Restricted Stock Units	Options Exercise	$0	-11,554	-25%	$0.000000	34,662	01 Dec 2021	Common Stock	11,554		Direct	F1, F8
transaction	RESN	Restricted Stock Units	Options Exercise	$0	-7,500	-33%	$0.000000	15,000	01 Dec 2021	Common Stock	7,500		Direct	F1, F9

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted stock unit represents a contingent right to receive one share of Resonant Inc. common stock.
F2	This transaction was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person to satisfy the reporting person's tax withholding obligations upon the vesting of restricted stock units.
F3	This transaction was executed in multiple trades at prices ranging from $1.88 to $1.9150. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F4	(This transaction was executed in multiple trades at prices ranging from $1.73 to $1.78. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F5	50,000 restricted stock units vested on each of December 1, 2020 and December 1, 2021, and installments of 50,000 restricted stock units will vest on each of December 1, 2022 and December 1, 2023.
F6	12,500 restricted stock units vested on each of December 1, 2020 and December 1, 2021, and installments of 12,500 restricted stock units will vest on each of December 1, 2022 and December 1, 2023.
F7	37,500 restricted stock units vested on each of December 1, 2020 and December 1, 2021, and installments of 37,500 restricted stock units will vest on each of December 1, 2022 and December 1, 2023.
F8	11,554 restricted stock units vested on December 1, 2021, and installments of 11,554 restricted stock units will vest on each of December 1, 2022, December 1, 2023, and December 1, 2024.
F9	7,500 restricted stock units vested on December 1, 2021, and installments of 7,500 restricted stock units will vest on each of December 1, 2022 and December 1, 2023.