WiSA Technologies, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Convertible Preferred Stock and Stockholders' Equity (Tables)

Convertible Preferred Stock and Stockholders' Equity (Tables)

12 Months Ended

Dec. 31, 2020

Schedule of series A Preferred Stock and liquidation preferences

The authorized, issued and outstanding shares of Series A Preferred Stock and liquidation preferences as of December 31, 2020, were as follows:

Number

Proceeds

Number

of Shares

Net of

Conversion

of Shares

Issued and

Issuance

Price per

Liquidation

Authorized

Outstanding

Costs

Preference

Series A 8 % Senior Convertible Preferred Stock

1,250,000

250,000

920,000

80.00

1,136,000

Summary of activity related to restricted stock awards/units


		Weighted-Average
Stock Awards	Shares	Grant Date Fair Value
Non-vested as of January 1, 2020	47,146	$	19.56
Granted	102,669	$	2.41
Vested	(58,096)	$	15.69
Forfeited	(4,550)	$	13.48
Non-vested as of December 31, 2020	57,169	$	2.26

Schedule of Information regarding warrants for common stock outstanding and exercisable

Information regarding warrants for common stock outstanding and exercisable as of December 31, 2020 is as follows:


	Warrants		Warrants
Exercise	Outstanding as of	Remaining	Exercisable as of
Price	December 31, 2020	Life (years)	December 31, 2020

$2.32 - $3.90	6,884,216	4.55	6,869,216
$6.40 - $9.80	32,889	4.15	32,889
$15.80 - $17.50	93,562	1.76	93,562
$24.80 - $99.00	230,571	0.99	230,571
$108.00 - $207.00	72,864	1.60	72,864
$5.81	7,314,102	4.54	7,299,102


		Warrants		Warrants
Exercise		Outstanding as of	Remaining	Exercisable as of
Price		December 31, 2019	Life (years)	December 31, 2019

	$0.79 - $2.18	2,653,956	2.95	2,456,684
	$3.00 - $4.00	3,638,911	2.94	3,638,911
	$4.50 - $4.95	187,767	1.41	187,767
	$5.40 - $6.25	1,454,826	2.62	1,454,826
	$10.35	1,634	1.28	1,634
	$3.58	7,937,094	3.00	7,739,822

2020 Stock Incentive Plan

Summary of activity related to restricted stock awards/units


		Weighted-Average
Stock Units	Shares	Grant Date Fair Value
Non-vested as of January 1, 2020	—	$	—
Granted	637,824	$	2.29
Vested	—	$	—
Forfeited	(10,850)	$	(2.27)
Non-vested as of December 31, 2020	626,974	$	2.29

- Definition

Tabular disclosure of an entity's stock, including par or stated value per share, number and dollar amount of share subscriptions, shares authorized, shares issued, shares outstanding, number and dollar amount of shares held in an employee trust, dividend per share, total dividends, share conversion features, par value plus additional paid in capital, the value of treasury stock and other information necessary to a fair presentation, and EPS information. Stock by class includes common, convertible, and preferred stocks which are not redeemable or redeemable solely at the option of the issuer. Includes preferred stock with redemption features that are solely within the control of the issuer and mandatorily redeemable stock if redemption is required to occur only upon liquidation or termination of the reporting entity. If more than one issue is outstanding, state the title of each issue and the corresponding dollar amount; dollar amount of any shares subscribed but unissued and the deduction of subscriptions receivable there from; number of shares authorized, issued, and outstanding.

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