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Datavault AI Inc. — Director's Dealing 2022
Jan 26, 2022
33710_dirs_2022-01-25_cd186b1c-d55a-4d6e-9d5c-16444a36e91e.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: 2022-01-13
Reporting Person: Howitt David Marc (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-01-13 | Common Stock | A | 12000 | — | Acquired | 14768 | Direct |
Footnotes
F1: 12,000 shares (the "2022 Grant") 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 a member of the issuer's board of directors pursuant to the issuer's 2018 Long-Term Stock Incentive Plan. The shares of Common Stock associated with the 2022 Grant are scheduled to vest as follows: 1/5th of the 2022 Grant is scheduled to vest on September 15, 2022, and the remaining 4/5th of the 2022 Grant is scheduled to vest quarterly in equal installments over the next 36 months on each December 15th, March 15th, June 15th and September 15th thereafter until September 15, 2025, with such vesting only to occur so long as the reporting person remains in the service of the issuer on each such vesting date.