Eric Manlunas - 02 Dec 2021 Form 4 Insider Report for Phunware, Inc. (PHUN)

Role: Director
Signature: /s/ Matt Aune, Attorney-in-Fact
Issuer symbol: PHUN
Transactions as of: 02 Dec 2021
Transactions value $: $0
Form type: 4
Filing time: 24 Feb 2022, 18:55:37 UTC
Previous filing: 17 Nov 2021
Next filing: 16 Dec 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	Award	$0	+21,440	+78.9%	$0	48,613	02 Dec 2021	Direct	F1
holding	PHUN	Common Stock						184,296	02 Dec 2021	By Wavemaker Phunware Partners LP
holding	PHUN	Common Stock						555,007	02 Dec 2021	By Wavemaker Partners II LP (f/k/a Siemer Ventures II LP)
holding	PHUN	Common Stock						164,386	02 Dec 2021	By Wavemaker Partners III LP
holding	PHUN	Common Stock						329,037	02 Dec 2021	By Kmeleon International Limited

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On December 2, 2021, the reporting person was granted the number of restricted stock units ("RSUs") in Table 1, Box 4 above, each of which represents a contingent right to receive one share of Phunware, Inc. common stock. The RSUs vest in four equal installments commencing on March 2, 2022, and quarterly thereafter until the final vesting date of December 2, 2022. Vesting is subject to the reporting person's continued service on such vesting date. Notwithstanding the foregoing vesting schedule, in the event of a change of control, 100% of the remaining unvested RSUs shall immediately become fully vested, subject to the reporting person continuing to provide service through such date.

Content

On December 2, 2021, the reporting person was granted the number of restricted stock units ("RSUs") in Table 1, Box 4 above, each of which represents a contingent right to receive one share of Phunware, Inc. common stock. The RSUs vest in four equal installments commencing on March 2, 2022, and quarterly thereafter until the final vesting date of December 2, 2022. Vesting is subject to the reporting person's continued service on such vesting date. Notwithstanding the foregoing vesting schedule, in the event of a change of control, 100% of the remaining unvested RSUs shall immediately become fully vested, subject to the reporting person continuing to provide service through such date.