Form 4 for ONDS Ondas Inc.
Accepted 2023-08-21 00:00:00 ET · period of report 2023-08-18 · accession 0001213900-23-069616 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-08-21 | 2023-08-18 | ONDS | Silverman Richard H | Dir | S - Sale+OE | $1.00 | -5,676 | 42.9K | -12% | -$5,676 |
| D | 2023-08-21 | 2023-08-18 | ONDS | Silverman Richard H | Dir | M - OptEx | $0.00 | +16.2K | 48.6K | +50% | $0 |
| D | 2023-08-21 | 2023-08-18 | ONDS | Silverman Richard H | Dir | M - OptEx | $0.00 | -16.2K | 16.2K | -50% | $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 | 2023-08-18 | S | D | 5,676 | $1.00 | 42,942 | D | — | — | (F2) These shares were sold by the Company to fund tax liability attributable to the vesting of the RSUs. |
| 2 | Common | Common Stock | 2023-08-18 | M | A | 16,216 | $0.00 | 48,618 | D | — | — | (F1) Represents shares of Ondas Holdings Inc. (the "Company") common stock, par value $0.0001 per share ("Common Stock"), received upon vesting of Restricted Stock Units ("RSUs"). |
| 3 | Derivative | Restricted Stock Units | 2023-08-18 | M | D | 16,216 | $0.00 | 16,216 | D | — · — to — | 16,216 Common Stock | (F3) Each RSU represents a contingent right to receive one share of Common Stock. (F4) On December 19, 2022, the reporting person was granted 32,432 RSUs. The RSUs (i) vested 25% on each of January 1, 2023, April 1, 2023, and July 1, 2023, and (ii) will vest 25% on October 1, 2023, provided that the reporting person is a director of the Company on the applicable vesting date. 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, 16,216 shares of common stock were delivered to the reporting person on August 18, 2023. |