Clayton Crolius, Chief Financial Officer at Sonim Technologies (NASDAQ:SONM), reported a large acquisition of company stock options on November 27, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Monday showed that Crolius, Chief Financial Officer at Sonim Technologies, a company in the Information Technology sector, was just awarded stock options worth 200,000 shares of SONM. The options give Crolius the right to buy the company's stock at $0.7 per share.
Sonim Technologies shares are trading up 5.26% at $0.72 at the time of this writing on Tuesday morning. Since the current price is $0.72, this makes Crolius's 200,000 shares worth $144,000.