Form 4: Socket Mobile CFO Exercises Stock Options
SEC Form 4
Lynn Zhao, CFO of Socket Mobile, exercised stock options for 8,000 shares of common stock at a price of $0.95 on February 29, 2024.
Summary
- Lynn Zhao, the Chief Financial Officer of Socket Mobile, exercised options to purchase 8,000 shares of common stock on February 29, 2024.
- The exercise price was $0.95 per share.
- Following the transaction, Zhao directly owns 122,616 shares of Socket Mobile common stock.
- The options were granted on March 3, 2014, and vest monthly.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a standard insider transaction disclosure and doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company executives.
Key Dates
| Date | Description |
|---|---|
| 03/03/2014 | Date the options were granted with monthly vesting. |
| 02/29/2024 | Date of transaction: CFO exercised stock options. |
| 03/03/2024 | Date exercisable for common stock options. |
| 03/04/2024 | Date of signature on the Form 4. |
Keywords
stock options, Form 4, insider trading, SCKT, Socket Mobile, Lynn Zhao, CFO, executive compensation
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