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SONIM TECHNOLOGIES INC — Director's Dealing 2020
Jan 3, 2020
35190_dirs_2020-01-02_1bac197e-770a-428f-af64-90b2e02b3e92.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: SONIM TECHNOLOGIES INC (SONM)
CIK: 0001178697
Period of Report: 2019-12-30
Reporting Person: Hochschild Maurice (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-12-30 | Stock Option (right to buy) | $3.87 | A | 43928 | Acquired | 2029-12-29 | Common Stock (43928) | Direct |
Footnotes
F1: The Options shall vest: (a) with respect to 75% of the shares at such time as the price of the Company's Common Stock equals or exceeds $5.00 per share, (b) with respect to 15% of the shares at such time as the price of the Company's Common Stock equals or exceeds $7.00 per share; and (c) with respect to 10% of the shares at such time as the price of the Company's Common Stock equals or exceeds $8.00 per share, provided that all shares shall vest in full upon consummation of a change in control transaction.
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