Form 4 for OWLT Owlet, Inc.
Accepted 2023-09-12 00:00:00 ET · period of report 2023-09-10 · accession 0001628280-23-032135 · 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 | 2023-09-12 | 2023-09-10 | OWLT | Scolnick Kathryn R. | CFO | A - Grant | $0.00 | +65.7K | 97.5K | +207% | $0 |
| D | 2023-09-12 | 2023-09-10 | OWLT | Scolnick Kathryn R. | CFO | D - Sale to Iss | — | -17.6K | 0 | -100% | — |
| D | 2023-09-12 | 2023-09-10 | OWLT | Scolnick Kathryn R. | CFO | A - Grant | — | +17.6K | 17.6K | New | — |
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 | 2023-09-10 | A | A | 65,719 | $0.00 | 97,468 | D | — | — | (F1) Constitutes restricted stock units ("RSUs") for which the Reporting Person is entitled to receive one (1) share of Common Stock for each RSU upon vesting. 100% of the RSUs shall vest on September 6, 2024, subject to the Reporting Person's continued service to the Issuer through such vesting date. |
| 2 | Derivative | Stock Option (Right to Buy) | 2023-09-10 | D | D | 17,650 | — | 0 | D | $65.38 · — to 2031-11-15 | 17,650 Common Stock | (F2) The two reported transactions involved an amendment of an outstanding option, resulting in the cancellation of the old option and the grant of a replacement option. The option was originally granted on November 15, 2021 and provided for vesting in accordance with the following schedule: 25% on the first anniversary of February 15, 2021 (the "Vesting Commencement Date") and in equal installments on a quarterly basis thereafter until the fourth anniversary of the Vesting Commencement Date. |
| 3 | Derivative | Stock Option (Right to Buy) | 2023-09-10 | A | A | 17,650 | — | 17,650 | D | $4.21 · — to 2031-11-15 | 17,650 Common Stock | (F2) The two reported transactions involved an amendment of an outstanding option, resulting in the cancellation of the old option and the grant of a replacement option. The option was originally granted on November 15, 2021 and provided for vesting in accordance with the following schedule: 25% on the first anniversary of February 15, 2021 (the "Vesting Commencement Date") and in equal installments on a quarterly basis thereafter until the fourth anniversary of the Vesting Commencement Date. |