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

Role
Chief Financial Officer
Signature
/s/ Kirsten O'Donnell, Attorney-in-Fact
Stock symbol
OWLT
Transactions as of
Apr 25, 2022
Transactions value $
-$122,485
Form type
4
Date filed
6/22/2023, 09:21 PM
Previous filing
Apr 19, 2022
Next filing
Aug 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OWLT Common Stock Sale -$43.4K -11.1K -2.25% $3.91 481K Apr 25, 2022 Direct F1
transaction OWLT Common Stock Sale -$20K -4.94K -1.03% $4.06 476K May 26, 2022 Direct F1
transaction OWLT Common Stock Sale -$12.7K -7.66K -1.61% $1.66 468K Aug 24, 2022 Direct F1
transaction OWLT Common Stock Sale -$24.8K -14.8K -3.16% $1.68 454K Sep 8, 2022 Direct F1
transaction OWLT Common Stock Sale -$5.07K -5.39K -1.19% $0.94 448K Nov 18, 2022 Direct F1
transaction OWLT Common Stock Sale -$2.2K -6.88K -1.53% $0.32 441K Feb 17, 2023 Direct F1
transaction OWLT Common Stock Sale -$6.9K -19.2K -4.34% $0.36 422K Mar 16, 2023 Direct F1
transaction OWLT Common Stock Sale -$1.87K -6.68K -1.58% $0.28 416K May 16, 2023 Direct
transaction OWLT Common Stock Sale -$1.05K -4.57K -1.1% $0.23 411K Jun 16, 2023 Direct F1
transaction OWLT Common Stock Award $0 +52.6K +12.81% $0.00 464K Jun 16, 2023 Direct F2
transaction OWLT Common Stock Sale -$4.44K -13.4K -2.9% $0.33 450K Jun 22, 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.