Lynn Zhao - 01 Mar 2023 Form 4 Insider Report for SOCKET MOBILE, INC. (SCKT)

Role: Chief Financial Officer, Director
Signature: /s/ Lynn Zhao
Issuer symbol: SCKT
Transactions as of: 01 Mar 2023
Net transactions value: -$3,157
Form type: 4
Filing time: 02 Mar 2023, 16:14:27 UTC
Previous filing: 01 Mar 2023
Next filing: 04 Mar 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SCKT	Common Stock	Tax liability	$3,157	-1,496	-1.3%	$2.11	114,616	01 Mar 2023	Direct	F1

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

Explanation of Responses:

Id	Content
F1	Exempt transaction pursuant to Section 16b-3(e) - payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of the shares reported as disposed of in this Form 4 were relinquished by Ms. Zhao and cancelled by Socket Mobile Inc. in exchange for Socket Mobile's agreement to pay federal and state tax withholding obligations of Ms. Zhao resulting from the vesting of Restricted Stocks. Ms. Zhao did not sell or otherwise dispose of any of the shares reported on this Form 4 for any reason other than to cover required taxes.

Content

Exempt transaction pursuant to Section 16b-3(e) - payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of the shares reported as disposed of in this Form 4 were relinquished by Ms. Zhao and cancelled by Socket Mobile Inc. in exchange for Socket Mobile's agreement to pay federal and state tax withholding obligations of Ms. Zhao resulting from the vesting of Restricted Stocks. Ms. Zhao did not sell or otherwise dispose of any of the shares reported on this Form 4 for any reason other than to cover required taxes.