Form 4 for PHUN Phunware, Inc.
Accepted 2023-01-06 00:00:00 ET · period of report 2023-01-04 · accession 0001628280-23-000668 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023-01-06 | 2023-01-04 | PHUN | Buyse Russell C | CEO, Dir | A - Grant | $0.00 | +1.47M | 1.47M | New | $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 | 2023-01-04 | A | A | 1,470,588 | $0.00 | 1,470,588 | D | — | — | (F1) On January 4, 2023, the compensation committee (the "Committee") of the Issuer's board of directors approved a grant to the reporting person in the number of restricted stock units ("RSUs") in Table 1, Box 4 above, pursuant to the Issuer's 2022 Inducement Plan (the "Plan"). Each RSU represents a contingent right to receive one share of Phunware, Inc. common stock. One-third of the RSUs vest on December 28, 2023 and 1/12 of the RSUs will vest quarterly in equal installments beginning on March 31, 2024 with the final vesting date occurring on December 28, 2025. Vesting is subject to the reporting person's continued service on such vesting date. Notwithstanding the foregoing vesting schedule, the Committee, in its discretion, may accelerate the vesting of the balance, or some lesser portion of the balance, of the unvested RSUs at any time, subject to the terms of the Plan. |