Michael Snavely - 13 Mar 2024 Form 4 Insider Report for Phunware, Inc. (PHUN)

Signature
/s/ J. Brendhan Botkin, Attorney-in-Fact
Issuer symbol
PHUN
Transactions as of
13 Mar 2024
Transactions value $
-$5,191
Form type
4
Filing time
15 Mar 2024, 18:17:34 UTC
Previous filing
22 Jan 2024
Next filing
24 May 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PHUN Common Stock Tax liability -$27,790 -2,810 -11.98% $9.89 20,643 13 Mar 2024 Direct F2, F3
transaction PHUN Common Stock Purchase $22,600 +2,500 +12.11% $9.04 23,143 14 Mar 2024 Direct F4
holding PHUN Common Stock 23,453 13 Mar 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Effective on February 26, 2024, the Issuer effected a one-for-fifty reverse stock split of its common stock (the "Reverse Stock Split"). The amount of securities reported on this Form 4 have been adjusted to reflect the Reverse Stock Split.
F2 Represents shares surrendered by the Reporting Person for withholding of taxes pursuant to the terms of the Issuer's 2023B Inducement Plan.
F3 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions with prices ranging from $9.77 to $10.03. 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 purchased at each separate price within the ranges set forth in this Form 4.
F4 Reflects the price paid by the Reporting Person for the purchase of the Issuers shares.