Yun J. Lee - Dec 28, 2021 Form 4 Insider Report for FRANKLIN WIRELESS CORP (FKWL)

Signature
/s/ Yun J. Lee
Stock symbol
FKWL
Transactions as of
Dec 28, 2021
Transactions value $
$0
Form type
4
Date filed
12/30/2021, 05:55 PM
Next filing
Apr 13, 2022

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 FKWL Stock Options Award +15K +5.45% 290K Dec 28, 2021 Common Stock 15K $3.38 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares subject to this option vest and become exercisable yearly in three installments as follows: 33 1/3% of the shares subject to the option vest on each of December 28, 2022, December 28, 2023 and December 28 2024. The options expire on December 28, 2026.
F2 N/A