J. Steven Beabout - 18 May 2022 Form 4 Insider Report for SOBR Safe, Inc. (SOBR)

Role
Director
Signature
/s/ Steve Beabout
Issuer symbol
SOBR
Transactions as of
18 May 2022
Net transactions value
+$356,960
Form type
4
Filing time
25 May 2022, 16:20:42 UTC
Next filing
15 Sep 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SOBR Common Stock Other $235,200 +58,800 +42% $4.00 199,506 18 May 2022 Includes 40,000 shares in the name Sky Startups, LLC and 126,633 shares in the name C&S Trust F1
transaction SOBR Common Stock Purchase $73,766 +59,013 +30% $1.25 258,519 19 May 2022 Includes 40,000 shares in the name Sky Startups, LLC and 126,633 shares in the name C&S Trust
transaction SOBR Common Stock Purchase $13,314 +12,560 +4.9% $1.06 271,079 20 May 2022 Includes 40,000 shares in the name Sky Startups, LLC and 126,633 shares in the name C&S Trust
transaction SOBR Common Stock Purchase $19,980 +18,000 +6.6% $1.11 289,079 24 May 2022 Includes 40,000 shares in the name Sky Startups, LLC and 126,633 shares in the name C&S Trust

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 SOBR Common Stock Warrants Other $14,700 +117,600 $0.1250* 117,600 18 May 2022 Common Stock 117,600 $4.25 Direct F1
transaction SOBR Restricted Stock Units Award +25,000 +45% 80,000 09 Feb 2022 Common Stock 25,000 $0.000000 Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Mr. Beabout acquired 58,800 Units for $248,724 in the Issuer's recent $10 million firm underwritten public offering, with each Unit consisting of one share of the Issuer's common stock and two warrants, each to purchase one share of the Issuer's common stock at $4.25. The price per Unit was $4.25, with $4.00 of the Unit price attributed to the share of common stock and $0.125 of the Unit price attributed to each warrant.
F2 The RSUs vest on the earlier to occur of 180 days after the Company uplist to Nasdaq or January 1, 2023.
F3 The RSUs don't have an expiration date, but will terminate if Mr. Beabout is not in continuing service with the Issuer at the time of vesting.
F4 The RSUs were issued to Mr. Beabout for his services as the chairperson of the Compensation Committee of the Issuer's Board of Directors.