David Holmes - 01 Jun 2021 Form 4 Insider Report for SOCKET MOBILE, INC. (SCKT)

Role: Chief Business Officer
Signature: /s/ David A. Holmes
Issuer symbol: SCKT
Transactions as of: 01 Jun 2021
Net transactions value: $0
Form type: 4
Filing time: 02 Jun 2021, 16:30:15 UTC
Previous filing: 26 May 2021
Next filing: 03 Feb 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SCKT	Common Stock	Award	$0	+7,000		$0.000000	7,000	01 Jun 2021	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	SCKT	Common stock option	Award	$0	+100,000		$0.000000	100,000	01 Jun 2021	Common	100,000	$5.92	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Restricted shares of Socket Mobile Inc common stock to be vested over 44 months, with 15% after 8 months on February 1, 2022. The remaining shares will vest on February 1st of subsequent years at the rate of 20%, 25%, and 40%, respectively. The shares were granted under the 2004 Equity Incentive Plan.
F2	The grant will vest over 72 months, vesting 1/6th of the shares after twelve months of employment, and vesting in additional 1/72nd increments each month for the following 60 months commencing June 1, 2022.