Company: SOBR
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001477932-25-008092
Chunk: 33

Company: SOBR Safe, Inc.
Filing Date: 2025-11-12
Form: 10-Q
Item: Part I, Item 1
Chunk 33
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 common shares issued. Unvested RSUs granted in 2023 will vest in January 2026.   The following tables summarize RSU activity under the Plan for the nine months ended September 30, 2025:   RSUs  Weighted AverageGrant DateFair ValuePer Share  Weighted AverageVestingPeriod (Years) Unvested at December 31, 2024  90  $1,683.00   1.0 Granted  -   -   - Cancelled  -   -   - Vested  -   -   - Unvested at September 30, 2025  90  $1,683.00   0.25 

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 For both the nine months ended September 30, 2025, and 2024, the Company recorded $46,571, in stock-based compensation expense related to RSUs. For both the three months ended September 30, 2025, and 2024, the Company recorded $15,524 in stock-based compensation expense related to RSUs. As of September 30, 2025, total unrecognized compensation cost related to RSUs was $15,524 which will be recognized over a period of 3.0 months. Executive Officer Stock Options and RSUs The Company has 869 vested and 84 unvested outstanding executive officer stock options exercisable at $528 to $2,552 per share with a weighted average remaining contractual life of 4.1 years as of September 30, 2025, and 702 vested and 251 unvested outstanding executive stock options exercisable at $528 to $2,552 per share with a weighted average remaining contractual life of 6.2 years as of December 31, 2024. The Company had no vested and 90 unvested RSUs granted to executive officers as of September 30, 2025, and December 31, 2024, respectively.

NOTE 13. COMMITMENTS AND CONTINGENCIES Legal Proceedings On December 6, 2006, Orange County Valet and Security Patrol, Inc. filed a lawsuit against the Company in Orange County California State Superior Court for Breach of Contract in the amount of $11,164. A default judgment was taken against the Company in this matter. In mid-2013 we learned the Plaintiffs