Eric Glaenzer - 21 Aug 2024 Form 4 Insider Report for SOCKET MOBILE, INC. (SCKT)

Role
VP & Chief Technology Officer
Signature
/s/ Eric Glaenzer
Issuer symbol
SCKT
Transactions as of
21 Aug 2024
Net transactions value
+$656,825,000
Form type
4
Filing time
22 Aug 2024, 13:20:49 UTC
Previous filing
21 Aug 2024
Next filing
03 Feb 2025
SEC
View on sec.gov

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 $656,825,000 +26,273 $25000.00* 26,273 21 Aug 2024 Common Stock 26,273 $0.9515 Direct F1
* 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 August 21, 2025. In addition, on or after August 21, 2025, the noteholder has the option to receive the prepayment of principal and accrued interest in cash.