Sec Form 3 Filing - Crawford Amanda @ Owlet, Inc. - 2024-07-09

Insider filing report for Changes in Beneficial Ownership
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FORM 3
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Crawford Amanda
2. Issuer Name and Ticker or Trading Symbol
Owlet, Inc. [ OWLT]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Chief Financial Officer
(Last) (First) (Middle)
C/O OWLET, INC., 3300 NORTH ASHTON BOULEVARD, SUITE 300
3. Date of Earliest Transaction (MM/DD/YY)
07/09/2024
(Street)
LEHI, UT84043
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 80,123 ( 1 ) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Crawford Amanda
C/O OWLET, INC.
3300 NORTH ASHTON BOU LEVARD, SUITE 300
LEHI, UT84043
Chief Financial Officer
Signatures
/s/ Kirsten O'Donnell, Attorney-in-Fact 07/19/2024
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Comprised of 17,516 shares of Class A Common Stock of the Issuer ("Common Stock") owned directly by the Reporting Person, (b) 7,886 Restricted Stock Units ("RSUs") granted under the Owlet, Inc. 2021 Equity Incentive Plan (the "Plan") on April 15, 2022, which is scheduled to vest 25% on the first anniversary of the date of grant and in equal installments on a quarterly basis thereafter for the following three years, (c) 28,504 RSUs granted under the Plan on September 6, 2023, which is scheduled to vest 50% on each of the first and second anniversaries of the date of grant, and (d) 26,217 RSUs granted under the Plan on September 6, 2023, which is scheduled to vest 100% on the first anniversary of the date of grant. Vesting of each of the foregoing RSU grants are subject to the terms of the Plan, the applicable award agreement, and continued employment through the applicable vesting date.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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