Joseph Popolo - May 31, 2024 Form 4 Insider Report for Ondas Holdings Inc. (ONDS)

Role
Director, 10%+ Owner
Signature
/s/ Joseph Popolo
Stock symbol
ONDS
Transactions as of
May 31, 2024
Transactions value $
$0
Form type
4
Date filed
6/4/2024, 05:12 PM
Previous filing
May 23, 2024
Next filing
Jun 10, 2024
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 ONDS Warrants (right to buy) Other $0 -2.37M -100% $0.00* 0 May 31, 2024 Common Stock 2.37M $0.89 Stage 1 Growth Fund LLC (Series WAVE, Class A) F1, F2
transaction ONDS Warrants (right to buy) Other $0 -7.83M -100% $0.00* 0 May 31, 2024 Common Stock 7.83M $0.89 Stage 1 Growth Fund LLC (Series WAVE, Class A) F2, F3
transaction ONDS Warrants (right to buy) Award $0 +3.86M $0.00 3.86M May 31, 2024 Common Stock 3.86M $0.89 Stage 1 Growth Fund LLC Series WAVE F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Pursuant to an Assignment, dated May 31, 2024, Stage 1 Growth Fund LLC (Series WAVE, Class A) (the "SPV") assigned the warrant, dated August 11, 2023, to Stage 1 Growth Fund, LLC Series Wave (the "New SPV").
F2 CFO Fund GenPar, LLC, a Texas limited liability company ("CFO Fund"), is the Managing Member of Charles & Potomac Capital, LLC ("C&P"). The reporting person is the sole control person of CFO Fund and C&P. C&P is the proxy for the members of the SPV, and the manager of the SPV must act in accordance with C&P's direction with respect to exercise and voting of the issuer's securities and derivative securities held by the SPV. The reporting person is the sole control person of C&P.
F3 Pursuant to an Assignment, dated May 31, 2024, the SPV assigned the warrant, dated July 21, 2023 (the "July Warrant"), to the New SPV.
F4 Following the assignment of the July Warrant, C&P indirectly holds a warrant through the New SPV, to purchase 3,864,542 shares of common stock, par value $0.0001 per share, of the issuer.