Eric Manlunas - May 19, 2021 Form 4 Insider Report for Phunware, Inc. (PHUN)

Role: Director
Signature: /s/ Matt Aune, Attorney-in-Fact
Stock symbol: PHUN
Transactions as of: May 19, 2021
Transactions value $: -$59,146
Form type: 4
Date filed: 5/20/2021, 08:28 PM
Previous filing: May 19, 2021
Next filing: Nov 17, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PHUN	Common Stock	Sale	-$59.1K	-46.2K	-35.72%	$1.28^*	83.2K	May 19, 2021	Direct	F1
holding	PHUN	Common Stock						184K	May 19, 2021	By Wavemaker Phunware Partners LP	F2
holding	PHUN	Common Stock						555K	May 19, 2021	By Wavemaker Partners II LP (f/k/a Siemer Ventures II LP)	F2
holding	PHUN	Common Stock						164K	May 19, 2021	By Wavemaker Partners III LP	F2
holding	PHUN	Common Stock						329K	May 19, 2021	By Kmeleon International Limited	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported Table 1, box 4 above is a weighted average price. The shares were sold in multiple transactions with prices ranging from $1.28 to $1.285. The reporting person undertakes to provide to Phunware, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares disposed at each separate price within the ranges set forth in this Form 4.
F2	The Reporting Person is the managing partner of the referenced entity and accordingly is deemed the beneficial owner of the shares held by this organization.

Content

The price reported Table 1, box 4 above is a weighted average price. The shares were sold in multiple transactions with prices ranging from $1.28 to $1.285. The reporting person undertakes to provide to Phunware, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares disposed at each separate price within the ranges set forth in this Form 4.

The Reporting Person is the managing partner of the referenced entity and accordingly is deemed the beneficial owner of the shares held by this organization.