Russell C. Buyse - 04 Jan 2023 Form 4 Insider Report for Phunware, Inc. (PHUN)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
06 Jan 2023, 16:39:13 UTC
Prior SEC filing
30 Nov 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ J. Brendhan Botkin, Attorney-in-Fact

Key filing fact

Russell C. Buyse filed Form 4 for Phunware, Inc. (PHUN) on 06 Jan 2023.

Key facts

  • This page summarizes Russell C. Buyse's Form 4 filing for Phunware, Inc. (PHUN).
  • 1 reported transaction and 0 derivative rows are listed below.
  • Accepted by SEC: 06 Jan 2023, 16:39.

Change

  • Previous filing in this sequence was filed on 30 Nov 2022.
  • Current net transaction value: $0.

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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

PHUN transaction

Common Stock

Award

Transaction value
$0
Shares
+1,470,588
Change %
Price
$0.000000
Shares after
1,470,588
Date
04 Jan 2023
Ownership
Direct
Footnotes
F1
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 1 footnote

Footnote F1

On January 4, 2023, the compensation committee (the "Committee") of the Issuer's board of directors approved a grant to the reporting person in the number of restricted stock units ("RSUs") in Table 1, Box 4 above, pursuant to the Issuer's 2022 Inducement Plan (the "Plan"). Each RSU represents a contingent right to receive one share of Phunware, Inc. common stock. One-third of the RSUs vest on December 28, 2023 and 1/12 of the RSUs will vest quarterly in equal installments beginning on March 31, 2024 with the final vesting date occurring on December 28, 2025. Vesting is subject to the reporting person's continued service on such vesting date. Notwithstanding the foregoing vesting schedule, the Committee, in its discretion, may accelerate the vesting of the balance, or some lesser portion of the balance, of the unvested RSUs at any time, subject to the terms of the Plan.

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