Company: SONM
Filing Date: 2025-06-18
Form Type: DEFC14A
Source: 0001641172-25-015578
Chunk: 55

Company: SONIM TECHNOLOGIES INC
Filing Date: 2025-06-18
Form: DEFC14A
Chunk 55
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 (i) $50,000 by (ii) the closing trading price of our common stock on the grant date, which is the anniversary of the attainment                                                                                                           
 of the status of the non-executive chairman of the Board.                                                                                                                                                                                 |
| (3) | As                                                                                                                                                                                                                                        
 described in the footnote (2) above, for non-employee directors, the number of shares reflects the number of RSUs granted following the Annual Meeting or the date of the RSU grant to the chairman of the Board. Accordingly, the number 
 of shares is not included in the table.                                                                                                                                                                                                   |

| 34 |

Consequences of failing to approve the proposal

If the amendment to increase the number of shares authorized under our 2019 Plan is not approved by stockholders, the 2019 Plan will continue in full force and effect in accordance with its terms. Once the share reserve under the 2019 Plan is exhausted, we may elect to provide compensation through other means, such as cash-settled awards or other cash compensation, to assure that Sonim and its affiliates can attract and retain qualified personnel.

Board recommendation

The Board recommends a vote FOR the approval of an amendment to our equity incentive plan to increase the aggregate number of shares of common stock authorized for issuance by 600,000 shares.

<div align='center'>PROPOSAL 4 — ADVISORY VOTE ON COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS</div>

In accordance with the requirements of Section 14A of the Exchange Act, we are asking stockholders to approve, on a non-binding, advisory basis, the executive compensation of our named executive officers (or “NEOs”) as disclosed in the section titled “ Executive and Director Compensation” and the related notes, and narrative in this proxy statement. The Board and the Compensation Committee believe that the policies and practices described and explained herein reflect our competitive pay strategy, emphasis on incentive-driven pay, and effective use of goals aligned with our business strategy.

Although this advisory vote to approve the executive compensation of our NEOs is non-binding, the Compensation Committee values our stockholders’ opinions and will carefully assess the voting results.

Board recommendation

The Board recommends a vote FOR the following resolution:

“Resolved, that the stockholders of Sonim Technologies, Inc. hereby approve, on a non-binding, advisory basis, the compensation paid to the Company’s named executive officers, as disclosed pursuant to Item 402 of Regulation S-K, including in the Executive and Director Compensation section, compensation tables and