Key facts
- This page summarizes David Joseph Gandini's Form 4 filing for SOBR Safe, Inc. (SOBR).
- 3 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 24 May 2022, 17:11.
David Joseph Gandini - 18 May 2022 Form 4 Insider Report for SOBR Safe, Inc. (SOBR)
- Reporting relationship
- CEO and Secretary, Director
- Issuer ticker
- SOBR
- Reported as of
- 18 May 2022
- Net transaction value
- +$100,002
- Reporting owner signature
- /s/ David Gandini
Source evidence
Original filing metadata and source links for verification.
3 source fields
Reporting owner
1 detail
Key filing fact
David Joseph Gandini filed Form 4 for SOBR Safe, Inc. (SOBR) on 24 May 2022.
Change
- No earlier filing in this sequence is available for direct comparison.
- Current net transaction value: +$100,002.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
SOBR
transaction
Common Stock
Other
- Transaction value
- $94,120
- Shares
- +23,530
- Change %
- Price
- $4.00
- Shares after
- 23,530
- Date
- 18 May 2022
- Ownership
- Direct
- Footnotes
- F1
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
SOBR
transaction
Derivative
Common Stock Warrants
Other
- Transaction value
- $5,882
- Shares
- +47,060
- Change %
- Price
- $0.1250*
- Shares after
- 47,060
- Date
- 18 May 2022
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 47,060
- Exercise price
- $4.25
- Footnotes
- F1
SOBR
transaction
Derivative
Series B Convertible Preferred Stock
Other
- Transaction value
- Shares
- +1,000,000
- Change %
- Price
- Shares after
- 1,000,000
- Date
- 01 Mar 2022
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 333,334
- Exercise price
- Footnotes
- F2, F3, F4
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 4 footnotes
Footnote F1
Mr. Gandini acquired 23,530 Units for $100,000 in the Issuer's recent $10 million firm underwritten public offering, with each Unit consisting of one share of the Issuer's common stock and two warrants, each to purchase one share of the Issuer's common stock at $4.25. The price per Unit was $4.25, with $4.00 of the Unit price attributed to the share of common stock and $0.125 of the Unit price attributed to each warrant.
Footnote F2
Each three shares of Series B Convertible Preferred Stock is convertible into one share of the Issuer's common stock after giving effect to the 1-for-3 reverse stock split that went effective April 28, 2022.
Footnote F3
As reported in the Issuer's filings, Mr. Gandini exchanged 333,334 shares of common stock (adjusted for 1-for-3 reverse stock split) for 1 million shares of the Issuer's Series B Convertible Preferred Stock in connection with the Issuer's planned uplist to Nasdaq. The Issuer's Series B Preferred Stock is convertible at any time into shares of the Issuer's common at a rate of 3 shares of Series B Preferred Stock for one share of common stock. The Series B Preferred Stock does not have an expiration date. Except for a liquidation preference over common stock, the Series B Preferred Stock has the same rights as common stock.
Footnote F4
The Series B Preferred Stock do not expire.