Brett Moyer - Feb 24, 2021 Form 4/A - Amendment Insider Report for Summit Wireless Technologies, Inc. (WISA)

Role
Chief Executive Officer, President and Chairman of the Board, Director
Signature
/s/ Brett Moyer
Stock symbol
WISA
Transactions as of
Feb 24, 2021
Transactions value $
$0
Form type
4/A - Amendment
Date filed
3/4/2022, 04:27 PM
Date Of Original Report
Feb 26, 2021
Next filing
Dec 23, 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WISA Common Stock Sale $0 +250K +136.89% $0.00 433K Feb 24, 2021 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This Form 4/A is being filed to correct a typographical error pertaining to the vesting dates of the shares on the original Form 4 filed by the reporting person on February 26, 2021 in order to state that the vesting occurs on each anniversary of March 15, 2021, which was the original commencement date of the measurement period.
F2 250,000 shares (the "2018 LTIP Shares") of common stock, par value $0.0001 per share, of the issuer (the "Common Stock") were received as compensation for the reporting person's service as a member of the issuer's board of directors and as an officer pursuant to the issuer's 2018 Long-Term Stock Incentive Plan. The 2018 LTIP Shares are scheduled to vest in equal installments on the first, second and third anniversaries of March 15, 2021, so long as the reporting person remains in the service of the issuer on each such anniversary.

Remarks:

Chief Executive Officer, President and Chairman of the Board