Luan Dang - 18 May 2022 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
18 May 2022
Transactions value $
-$7,386
Form type
4
Filing time
20 May 2022, 16:26:31 UTC
Previous filing
12 May 2022
Next filing
12 Aug 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 +14.6K +0.9% $0.00 1.63M 18 May 2022 Direct
transaction PHUN Common Stock Tax liability -$7.39K -5.28K -0.32% $1.40* 1.62M 19 May 2022 Direct F1, F2
holding PHUN Common Stock 43.8K 18 May 2022 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 -14.6K -25% $0.00 43.7K 18 May 2022 Common Stock 14.6K Direct F4, F5
* 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 The shares were sold in multiple transactions with prices ranging from $1.4001 to $1.4024. The reporting person undertakes to provide to Phunware, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares disposed at each separate price within the ranges set forth in this Form 4.
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 RSUs that vested on on the date notated in Table I, Box 2 above for previous RSUs granted to the Reporting Person. The restricted stock units will be settled in shares of common stock that will be delivered to the Reporting Person shortly after the vesting date.