UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On November 24, 2023 (the “Grant Date”), the compensation committee of the board of directors of Sonim Technologies, Inc. (the “Company”) approved the grant of a one-time special award of an option to purchase 200,000 shares of the Company’s common stock (the “Option”) to Clay Crolius, the Company’s Chief Financial Officer. The Option has an exercise price of $0.70 per share (the closing price of the Company’s common stock on the Grant Date) and shall vest on the first anniversary of the Grant Date, subject to Mr. Crolius’s continued service through the vesting date. The Option is subject to the terms of the Sonim Technologies, Inc. 2019 Equity Incentive Plan.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
SONIM TECHNOLOGIES, INC. | ||
Date: November 28, 2023 | By: | /s/ Clay Crolius |
Name: | Clay Crolius | |
Title: | Chief Financial Officer |