Alan S. Knitowski - Nov 19, 2021 Form 4 Insider Report for Phunware, Inc. (PHUN)

Role
Chief Executive Officer, Director
Signature
/s/ Matt Aune, Attorney-in-Fact
Stock symbol
PHUN
Transactions as of
Nov 19, 2021
Transactions value $
-$35,533
Form type
4
Date filed
11/23/2021, 08:41 PM
Previous filing
Aug 20, 2021
Next filing
Dec 3, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PHUN Common Stock Options Exercise $0 +37.5K +3.01% $0.00 1.28M Nov 19, 2021 Direct
transaction PHUN Common Stock Tax liability -$35.5K -9.33K -0.73% $3.81 1.27M Nov 19, 2021 Direct F1
holding PHUN Common Stock 586K Nov 19, 2021 See footnote F2

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 PHUN Restricted Stock Units Options Exercise $0 -37.5K -20% $0.00 150K Nov 19, 2021 Common Stock 37.5K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares surrendered by the Reporting Person for withholding of taxes pursuant to the terms of the Issuer's 2018 Equity Incentive Plan.
F2 Consists of (i) 539,867 shares held of record by Cane Capital, LLC, for which the Reporting Person serves as president, (ii) 43,750 shares held of record by Curo Capital Appreciation Fund I, LLC (Fund 1, Fund 2 and Fund 3), for which the Reporting Person serves as co-president, (iii) 1,972 shares held of record by Knitowski Childrens Trust, for which the Reporting Person serves as president.
F3 Each restricted stock unit represents a contingent right to receive one share of Phunware, Inc. common stock.
F4 The restricted stock units (RSUs) represent the amount of shares of the Issuer's common stock that were delivered to the Reporting Person on the date notated in Table I, Box 2 above for previous RSUs granted to the Reporting Person.