Company: SONM
Filing Date: 2025-09-09
Form Type: PRE 14A
Source: 0001493152-25-012903
Chunk: 32

Company: SONIM TECHNOLOGIES INC
Filing Date: 2025-09-09
Form: PRE 14A
Chunk 32
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oupment in accordance with any clawback policy that we are required to adopt pursuant to the listing standards of any national securities exchange or association on which our securities are listed or as is otherwise required by the Dodd-Frank Wall Street Reform and Consumer Protection Act or other applicable law. In addition, we may impose other clawback, recovery, or recoupment provisions in a stock award agreement, including a reacquisition right in respect of previously acquired shares or other cash or property upon the occurrence of cause. For more information about our clawback policy see the section of this proxy statement titled “ Directors, Executive Officers, and Corporate Governance—Clawback policy (recoupment of erroneously awarded incentive-based compensation).”

No single trigger accelerated vesting upon change in control.The 2019 Plan does not provide for any automatic mandatory vesting of awards upon a change in control.

No liberal change in control definition.The change in control definition in the 2019 Plan is not a “liberal” definition. A change in control transaction must actually occur in order for the change in control provisions in the 2019 Plan to be triggered.

Termination of stock options and stock appreciation rights on a participant’s termination for cause.If a participant’s service is terminated for cause, as defined under the 2019 Plan (which includes the participant’s commission of any felony or any crime involving fraud, dishonesty, or moral turpitude and the participant’s unauthorized use or disclosure of our confidential information or trade secrets), the participant is prohibited from exercising his or her stock options and stock appreciation rights.

We manage our equity award usage carefully

The following table provides
certain additional information regarding our equity incentive plans as of the record date.

| Total number of shares of common stock subject to outstanding stock options                      |     | As of                
 September [XX], 2025 | [658,809     | ] |
|:-------------------------------------------------------------------------------------------------|:----|:---------------------|:-------------|:--|
| Weighted-average exercise price of outstanding stock options                                     |     | $                    | [6.4483]     |   |
| Weighted-average remaining term of outstanding stock options                                     |     |                      | [1.31 years] |   |
| Total number of shares of common stock subject to outstanding full value awards                  |     |                      | —            |   |
| Total number of shares of common stock available for grant under the 2019 Plan                   |     |                      | [43,927]     |   |
| Total number