Sandy L. Shoemaker - 07 Dec 2021 Form 4 Insider Report for SOBR Safe, Inc. (SOBR)

Role
Director
Signature
/s/ Sandy Shoemaker
Issuer symbol
SOBR
Transactions as of
07 Dec 2021
Net transactions value
+$50,001
Form type
4
Filing time
21 Jun 2022, 18:37:31 UTC
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* 23,530 18 May 2022 Common Stock 23,530 $4.25 Direct F1
transaction SOBR Stock Options Award +25,000 25,000 07 Dec 2021 Common Stock 25,000 $10.06 Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Mrs. Shoemaker acquired the 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 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 the 1-for-3 reverse stock split of the Issuer's common stock effected April 28, 2022.
F3 The stock options vest as to 4,167 shares each quarter for four quarters after the grant date and then as to 2,084 shares each quarter for an additional four quarters.
F4 Issued to Mrs. Shoemaker for agreeing to serve on the Issuer's Board of Directors and for agreeing to be the chairperson of the Audit Committee of the Issuer's Board of Directors.