Datavault AI Inc. — Director's Dealing 2020

Jul 28, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Summit Wireless Technologies, Inc. (WISA)
CIK: 0001682149
Period of Report: 2020-07-27

Reporting Person: WILLIAMS GARY (See Remarks)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-07-27	Common Stock	A	5000	—	Acquired	13396	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-07-27	Restricted Stock Units	$	A	31000	Acquired		Common Stock (31000)	Direct

Footnotes

F1: 5,000 shares (the "2018 LTIP Shares") of common stock, par value $0.0001 per share, of the issuer (the "Common Stock") were received as compensation for the reporting person's service as an officer pursuant to the issuer's 2018 Long-Term Stock Incentive Plan. The 2018 LTIP Shares are scheduled to vest in equal installments on the first, second and third anniversaries of August 15, 2020, so long as the reporting person remains in the service of the issuer on each such anniversary.

F2: Each restricted stock unit ("RSU") represents the right to receive one share of Common Stock, subject to the vesting terms of such RSU and the approval of the issuer's 2020 Stock Incentive Plan by the issuer's stockholders.

F3: 31,000 RSUs of the issuer were received as compensation for the reporting person's service as an officer pursuant to the issuer's 2020 Stock Incentive Plan.

F4: The RSUs are scheduled to vest in equal installments on the first, second and third anniversaries of August 15, 2020, so long as the reporting person remains in the service of the issuer on each such anniversary.