Luan Dang - 19 Nov 2021 Form 4 Insider Report for Phunware, Inc. (PHUN)

Role
Chief Technology Officer
Signature
/s/ Matt Aune, Attorney-in-Fact
Issuer symbol
PHUN
Transactions as of
19 Nov 2021
Transactions value $
-$17,344
Form type
4
Filing time
23 Nov 2021, 20:40:18 UTC
Previous filing
20 Aug 2021
Next filing
12 May 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PHUN Common Stock Options Exercise $0 +14,583 +0.88% $0 1,677,250 19 Nov 2021 Direct
transaction PHUN Common Stock Tax liability -$19,631 -5,156 -0.31% $3.81* 1,672,094 19 Nov 2021 Direct F1
transaction PHUN Common Stock Options Exercise $2,287 +3,750 +0.22% $0.61 1,675,844 23 Nov 2021 Direct
transaction PHUN Common Stock Gift $0 -3,750 -0.22% $0 1,672,094 23 Nov 2021 Direct F2
holding PHUN Common Stock 43,750 19 Nov 2021 See footnote F3

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 PHUN Restricted Stock Units Options Exercise $0 -14,583 -20% $0 58,332 19 Nov 2021 Common Stock 14,583 Direct F4, F5
transaction PHUN Employee Stock Option (right to buy) Options Exercise $0 -3,750 -4.16% $0 86,408 23 Nov 2021 Common Stock 3,750 $0.61 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares surrendered by the Reporting Person for withholding of taxes pursuant to the terms of the Issuer's 2018 Equity Incentive Plan.
F2 Represents a gift which was effected pursuant to a transfer of shares to an individual to which the Reporting Person has no beneficial ownership.
F3 The shares are held of record by Curo Capital Appreciation Fund I, LLC (Fund 1, Fund 2 and Fund 3) for which the Reporting Person serves as co-president.
F4 Each restricted stock unit represents a contingent right to receive one share of Phunware, Inc. common stock.
F5 The restricted stock units (RSUs) represent the amount of shares of the Issuer's common stock that were delivered to the Reporting Person on the date notated in Table I, Box 2 above for previous RSUs granted to the Reporting Person.