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Datavault AI Inc. — Director's Dealing 2020
Jul 28, 2020
33710_dirs_2020-07-27_677243da-3b3f-4c25-bdd2-70b477042d9e.zip
Director's Dealing
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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: Howse Michael (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-07-27 | Restricted Stock Units | $ | A | 14000 | Acquired | Common Stock (14000) | Direct |
Footnotes
F1: Each restricted stock unit ("RSU") represents the right to receive one share of common stock, par value $0.0001 per share, of the issuer, subject to the vesting terms of such RSU and the approval of the issuer's 2020 Stock Incentive Plan by the issuer's stockholders.
F2: 14,000 RSUs of the issuer were received as compensation for the reporting person's service as a member of the issuer's board of directors pursuant to the issuer's 2020 Stock Incentive Plan.
F3: 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.