SEC Form 4 · accession 0001209191-16-133683
OOMA INC · OOMA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Russell Mann
Director
Period of report
Jul 20, 2016
Accepted (ET)
Jul 22, 2016 · 2:01 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001327688
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jul 20, 2016 | M | 41,859 | $0.90 | A | 65,474 | D | |
| Common Stock | Jul 20, 2016 | M | 12,500 | $0.22 | A | 77,974 | D | |
| Common StockF1 | Jul 20, 2016 | M | 5,000 | $0.22 | A | 82,974 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F2 | $0.90 | Jul 20, 2016 | M | 41,859 | D | — | Sep 16, 2019 | Common Stock | 41,859 | 0 | D |
| Stock Option (right to buy)F2 | $0.22 | Jul 20, 2016 | M | 12,500 | D | — | Apr 21, 2023 | Common Stock | 12,500 | 0 | D |
| Stock Option (right to buy)F1,F3 | $0.22 | Jul 20, 2016 | M | 5,000 | D | — | Dec 16, 2023 | Common Stock | 5,000 | 0 | D |
Explanation of responses
- F1Of the 5000 shares exercised, 1771 are unvested and early exercised pursuant to the terms of reporting person's option agreement which permits early exercise.
- F2The option is fully vested and exercisable.
- F31/48th of the option vested on the one month anniversary of 12/17/2013 and 1/48th of the option vests monthly thereafter. The option is immediately exercisable.