SEC Form 5 · accession 0001144204-19-008536
Datavault AI Inc. · DVLT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jonathan Gazdak
Director
Period of report
Dec 31, 2018
Accepted (ET)
Feb 15, 2019 · 6:09 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001682149
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jul 26, 2018 | M | 376 | $3.75 | A | 49,018 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Warrant (Right to Buy)F2 | $6.25 | Jul 26, 2018 | A | 27,000 | A | Jan 21, 2019 | Jul 25, 2023 | Common Stock | 27,000 | 166,941 | D |
Explanation of responses
- F1Includes (i) 16,650 shares of restricted common stock which will be released in two equal tranches on March 1, 2019 and September 1, 2019 and (ii) an additional 376 shares of common stock that were not reported in a Form 4 filing due to an inadvertent administrative error.
- F2The reporting person received a warrant to purchase 27,000 shares of common stock, par value $0.0001 per share (the "Common Stock"), of the issuer in partial consideration for underwriting services provided in connection with the issuer's initial public offering of Common Stock.