Christopher D. Olive - Aug 31, 2023 Form 4 Insider Report for Phunware, Inc. (PHUN)

Signature
/s/ J. Brendhan Botkin, Attorney-in-Fact
Stock symbol
PHUN
Transactions as of
Aug 31, 2023
Transactions value $
$0
Form type
4
Date filed
9/1/2023, 04:08 PM
Previous filing
Aug 10, 2023
Next filing
Dec 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PHUN Common Stock Award $0 +313K +65.53% $0.00 791K Aug 31, 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On August 31, 2023, the reporting person was granted the number of restricted stock units ("RSUs") in Table I, Box 4 above, each of which represents a contingent right to receive one share of Phunware, Inc. common stock. One-third of the RSUs vest on each of August 1, 2024, August 1, 2025 and August 3, 2026. Vesting is subject to the reporting person's continued service on such vesting date. Notwithstanding the foregoing vesting schedule, in the event of a change of control, 100% of the remaining unvested RSUs shall immediately become fully vested, subject to the reporting person continuing to provide service through such date.