Form 4 for ONDS Ondas Inc.
Accepted 2022-12-27 00:00:00 ET · period of report 2022-12-21 · accession 0001213900-22-083013 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2022-12-27 | 2022-12-21+ | ONDS | Bushey Thomas | Dir | M - OptEx | $0.00 | +501.6K | 398.9K | New | $0 |
| DM | 2022-12-27 | 2022-12-21+ | ONDS | Bushey Thomas | Dir | S - Sale+OE | $1.76 | -177.7K | 326.1K | -35% | -$312.7K |
| DM | 2022-12-27 | 2022-12-21+ | ONDS | Bushey Thomas | Dir | M - OptEx | $0.00 | -501.6K | 334.4K | -60% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-12-21 | M | A | 1,591 | $0.00 | 3,728 | D | — | — | (F1) Represents shares of Ondas Holdings Inc. (the "Company") common stock received upon vesting of Restricted Stock Units ("RSUs"). |
| 2 | Common | Common Stock | 2022-12-21 | M | A | 165,606 | $0.00 | 169,334 | D | — | — | (F1) Represents shares of Ondas Holdings Inc. (the "Company") common stock received upon vesting of Restricted Stock Units ("RSUs"). |
| 3 | Common | Common Stock | 2022-12-21 | S | D | 54,902 | $1.87 | 114,432 | D | — | — | (F2) These shares were sold by the Issuer to fund tax liability attributable to the vesting of the RSUs. (F3) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.82 to $1.92, inclusive. The reporting person undertakes to provide to the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (3), (4) and (5) to this Form 4. |
| 4 | Common | Common Stock | 2022-12-22 | M | A | 167,197 | $0.00 | 281,629 | D | — | — | (F1) Represents shares of Ondas Holdings Inc. (the "Company") common stock received upon vesting of Restricted Stock Units ("RSUs"). |
| 5 | Common | Common Stock | 2022-12-22 | S | D | 49,970 | $1.77 | 231,659 | D | — | — | (F2) These shares were sold by the Issuer to fund tax liability attributable to the vesting of the RSUs. (F4) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.74 to $1.81, inclusive. |
| 6 | Common | Common Stock | 2022-12-23 | S | D | 72,804 | $1.67 | 326,052 | D | — | — | (F2) These shares were sold by the Issuer to fund tax liability attributable to the vesting of the RSUs. (F5) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.63 to $1.71, inclusive. |
| 7 | Common | Common Stock | 2022-12-23 | M | A | 167,197 | $0.00 | 398,856 | D | — | — | (F1) Represents shares of Ondas Holdings Inc. (the "Company") common stock received upon vesting of Restricted Stock Units ("RSUs"). |
| 8 | Derivative | Restricted Stock Units | 2022-12-23 | M | D | 167,197 | $0.00 | 0 | D | — · — to — | 167,197 Common Stock | (F6) Each RSU represents a contingent right to receive one share of common stock, par value $0.0001 per share, of the Company. (F8) These RSUs were granted on June 3, 2020. 375,000 RSUs vested as of December 31, 2020 and 125,000 RSUs vested January 19, 2021. In connection with the vesting of these RSUs, 165,606, 167,197 and 167,197 (500,000 total) shares of common stock were delivered to the reporting person on December 21, 2022, December 22, 2022, and December 23, 2022, respectively. |
| 9 | Derivative | Restricted Stock Units | 2022-12-22 | M | D | 167,197 | $0.00 | 167,197 | D | — · — to — | 167,197 Common Stock | (F6) Each RSU represents a contingent right to receive one share of common stock, par value $0.0001 per share, of the Company. (F8) These RSUs were granted on June 3, 2020. 375,000 RSUs vested as of December 31, 2020 and 125,000 RSUs vested January 19, 2021. In connection with the vesting of these RSUs, 165,606, 167,197 and 167,197 (500,000 total) shares of common stock were delivered to the reporting person on December 21, 2022, December 22, 2022, and December 23, 2022, respectively. |
| 10 | Derivative | Restricted Stock Units | 2022-12-21 | M | D | 1,591 | $0.00 | 1,590 | D | — · — to — | 1,591 Common Stock | (F6) Each RSU represents a contingent right to receive one share of common stock, par value $0.0001 per share, of the Company. (F7) These RSUs were granted on November 5, 2021 and vest in four successive equal quarterly installments with the first vesting date commencing on the first day of the next calendar quarter, provided that the reporting person is a director of the Company on the applicable vesting dates. All RSUs granted to the reporting person shall vest in full immediately upon a change in control. In connection with the vesting of these RSUs, 1,591 shares of common stock were delivered to the reporting person on December 21, 2022. |
| 11 | Derivative | Restricted Stock Units | 2022-12-21 | M | D | 165,606 | $0.00 | 334,394 | D | — · — to — | 165,606 Common Stock | (F6) Each RSU represents a contingent right to receive one share of common stock, par value $0.0001 per share, of the Company. (F8) These RSUs were granted on June 3, 2020. 375,000 RSUs vested as of December 31, 2020 and 125,000 RSUs vested January 19, 2021. In connection with the vesting of these RSUs, 165,606, 167,197 and 167,197 (500,000 total) shares of common stock were delivered to the reporting person on December 21, 2022, December 22, 2022, and December 23, 2022, respectively. |