Form 4: Ooma Director Peter Goettner Exercises Stock Options and Adjusts Holdings
SEC Form 4 Filing
Director Peter Goettner exercised stock options and adjusted previously reported holdings in Ooma, Inc.
Summary
- On February 19, 2025, Peter Goettner, a director of Ooma, Inc., exercised stock options to acquire 10,000 shares of common stock at a price of $9.18 per share.
- Following the transaction, Goettner directly owns 152,711 shares of Ooma common stock.
- The report also includes an adjustment for 77 shares that were inadvertently over-reported on a previous Form 4 filed on June 7, 2024.
- The stock options were granted with a vesting schedule of 1/48th per month starting on February 22, 2015, and are now fully vested and exercisable.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it reflects a standard insider transaction with no particularly positive or negative implications.
Industry Context
This filing is a routine disclosure related to insider transactions and is a standard practice for publicly traded companies. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it represents a routine exercise of stock options by a director.
Key Dates
| Date | Description |
|---|---|
| 02/22/2015 | Start date of the monthly vesting schedule for the stock options (1/48th per month). |
| 06/07/2024 | Date of the Form 4 filing that inadvertently over-reported shares by 77. |
| 02/19/2025 | Date of the transaction: Director exercised stock options and acquired 10,000 shares. |
| 02/20/2025 | Date of signature on the Form 4 filing. |
| 02/21/2025 | Expiration date of the stock options. |
Keywords
Ooma, Director, Stock Options, Form 4, Beneficial Ownership, Goettner, Securities
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