Kurt Workman - 08 Sep 2022 Form 4 Insider Report for Owlet, Inc. (OWLT)

Signature
/s/ Kirsten O'Donnell, Attorney-in-Fact
Issuer symbol
OWLT
Transactions as of
08 Sep 2022
Net transactions value
-$49,940
Form type
4
Filing time
22 Jun 2023, 21:21:41 UTC
Previous filing
17 Aug 2022
Next filing
22 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OWLT Common Stock Sale $20,975 -12,485 -0.42% $1.68 2,934,145 08 Sep 2022 Direct F1, F2
transaction OWLT Common Stock Sale $21,871 -60,754 -2.1% $0.3600 2,873,391 16 Mar 2023 Direct F1
transaction OWLT Common Stock Sale $3,273 -14,229 -0.5% $0.2300 2,859,162 16 Jun 2023 Direct F1
transaction OWLT Common Stock Award $0 +52,631 +1.8% $0.000000 2,911,793 16 Jun 2023 Direct F3
transaction OWLT Common Stock Sale $3,821 -11,579 -0.4% $0.3300 2,900,214 22 Jun 2023 Direct F1
holding OWLT Common Stock 2,074,200 08 Sep 2022 By Spouse F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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 Balance reflects 8,960 shares of Common Stock purchased pursuant to the Owlet, Inc. 2021 Employee Stock Purchase Plan.
F3 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.
F4 Reflects shares held by Mr. Workman's spouse for which he disclaims beneficial ownership.