Kathryn R. Scolnick - 25 Apr 2022 Form 4 Insider Report for Owlet, Inc. (OWLT)

Role
Chief Financial Officer
Signature
/s/ Kirsten O'Donnell, Attorney-in-Fact
Issuer symbol
OWLT
Transactions as of
25 Apr 2022
Net transactions value
-$122,485
Form type
4
Filing time
22 Jun 2023, 21:21:15 UTC
Previous filing
19 Apr 2022
Next filing
17 Aug 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OWLT Common Stock Sale $43,358 -11,089 -2.3% $3.91 481,069 25 Apr 2022 Direct F1
transaction OWLT Common Stock Sale $20,040 -4,936 -1% $4.06 476,133 26 May 2022 Direct F1
transaction OWLT Common Stock Sale $12,721 -7,663 -1.6% $1.66 468,470 24 Aug 2022 Direct F1
transaction OWLT Common Stock Sale $24,837 -14,784 -3.2% $1.68 453,686 08 Sep 2022 Direct F1
transaction OWLT Common Stock Sale $5,069 -5,393 -1.2% $0.9400 448,293 18 Nov 2022 Direct F1
transaction OWLT Common Stock Sale $2,201 -6,877 -1.5% $0.3200 441,416 17 Feb 2023 Direct F1
transaction OWLT Common Stock Sale $6,901 -19,169 -4.3% $0.3600 422,247 16 Mar 2023 Direct F1
transaction OWLT Common Stock Sale $1,872 -6,684 -1.6% $0.2800 415,563 16 May 2023 Direct
transaction OWLT Common Stock Sale $1,050 -4,566 -1.1% $0.2300 410,997 16 Jun 2023 Direct F1
transaction OWLT Common Stock Award $0 +52,631 +13% $0.000000 463,628 16 Jun 2023 Direct F2
transaction OWLT Common Stock Sale $4,436 -13,443 -2.9% $0.3300 450,185 22 Jun 2023 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sales reported on this Form 4 represent shares automatically sold in a non-discretionary transaction to cover taxes and fees in connection with the vesting and settlement of restricted stock units.
F2 Reflects shares of the Issuer delivered to the reporting person upon satisfaction of performance criteria underlying an award of performance-based Restricted Share Units ("PSUs") granted to the reporting person on March 15, 2022.