KEVIN MILLS - 26 May 2023 Form 4 Insider Report for SOCKET MOBILE, INC. (SCKT)

Role
President and CEO, Director, 10%+ Owner
Signature
Kevin Mills
Issuer symbol
SCKT
Transactions as of
26 May 2023
Net transactions value
+$186,566,649,850
Form type
4
Filing time
30 May 2023, 17:06:14 UTC
Previous filing
06 Apr 2023
Next filing
14 Aug 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SCKT Common Stock Options Exercise $19,000 +20,000 +11% $0.9500 203,666 26 May 2023 Direct
transaction SCKT Common Stock Options Exercise $9,450 +5,000 +2.5% $1.89 208,666 26 May 2023 Direct
transaction SCKT Common Stock Options Exercise $45,400 +20,000 +9.6% $2.27 228,666 26 May 2023 Direct
transaction SCKT Common Stock Options Exercise $76,000 +40,000 +17% $1.90 268,666 26 May 2023 Direct

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 Subordinated Convertible Note Purchase $186,566,500,000 +373,133 +311% $500000.00* 492,996 26 May 2023 Common Stock 373,133 $1.34 Direct F1
transaction SCKT Common Stock Option Options Exercise $0 -20,000 -8.5% $0.000000 213,975 26 May 2023 Common 20,000 $0.9500 Direct F2
transaction SCKT Common Stock Option Options Exercise $0 -5,000 -2.3% $0.000000 208,975 26 May 2023 Common 5,000 $1.89 Direct F2
transaction SCKT Common Stock Option Options Exercise $0 -20,000 -9.6% $0.000000 188,975 26 May 2023 Common 20,000 $2.27 Direct F2
transaction SCKT Common Stock Option Options Exercise $0 -40,000 -21% $0.000000 148,975 26 May 2023 Common 40,000 $1.90 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Subordinated Convertible note is convertible any time on or prior to May 26, 2026. In addition, on or after May 26, 2024, the noteholder has the option to receive the prepayment of principal and accrued interest in cash.
F2 Monthly vesting.