Gerard Wenzel - 11 Jan 2022 Form 4 Insider Report for SOBR Safe, Inc. (SOBR)

Role: CFO
Signature: /s/ Gerard Wenzel
Issuer symbol: SOBR
Transactions as of: 11 Jan 2022
Net transactions value: +$50,001
Form type: 4
Filing time: 13 Jun 2022, 18:13:00 UTC
Previous filing: 13 Jun 2022
Next filing: 24 Feb 2023
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	$47,060	+11,765		$4.00	11,765	18 May 2022	Direct	F1

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	$2,941	+23,530		$0.1250^*	23,350	18 May 2022	Common Stock	23,530	$4.25	Direct	F1
transaction	SOBR	Restricted Stock Units	Award		+16,667			16,667	11 Jan 2022	Common Stock	16,667	$0.000000	Direct	F2, F3, F4, F5
transaction	SOBR	Stock Options	Award		+66,667			66,667	11 Jan 2022	Common Stock	66,667	$8.25	Direct	F2, F5, F6

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

Explanation of Responses:

Id	Content
F1	Mr. Wenzel acquired 11,765 Units for $50,000 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	Adjusted for 1-for-3 reverse stock split of Issuer's common stock effected April 28, 2022.
F3	The RSUs vest on the earlier to occur of 180 days after the Company uplists to Nasdaq or January 1, 2023.
F4	The RSUs don't have an expiration date, but will terminate if Mr. Wenzel is not in continuing service with the Issuer at the time of vesting.
F5	Issued to Mr. Wenzel under the terms of his Employment Agreement with the Issuer.
F6	The stock options vest as to 8,334 shares each quarter after the grant date for eight (8) equal quarterly installments so long as Mr. Wenzel is in continuous service with the Issuer.