Gary Wendel Nelson - 28 Dec 2021 Form 4 Insider Report for FRANKLIN WIRELESS CORP (FKWL)

Role
Director
Signature
/s/ Gary Wendel Nelson
Issuer symbol
FKWL
Transactions as of
28 Dec 2021
Transactions value $
$0
Form type
4
Filing time
30 Dec 2021, 17:57:11 UTC
Previous filing
19 Jul 2021
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 FKWL Stock Options Award +15,000 15,000 28 Dec 2021 Common Stock 15,000 $3.38 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares subject to this option vest and become exercisable yearly in three installments as follows: 33 1/3% of the shares subject to the option vest on each of December 28, 2022, December 28, 2023 and December 28 2024. The options expire on December 28, 2026.
F2 N/A