Moyer Brett Form 4 Summit Wireless / BRETT MOYER ownership change

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

MOYER BRETT

(Last) (First) (Middle)

C/O SUMMIT WIRELESS TECHNOLOGIES, INC.

6840 VIA DEL ORO STE. 280

(Street)

SAN JOSE CA 95119

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Summit Wireless Technologies, Inc. [ WISA ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
See Remarks

3. Date of Earliest Transaction (Month/Day/Year)
10/07/2019

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	10/07/2019		M		9,058(1)	A	$0.8	333,978	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Warrants (right to buy)	$5.4	10/07/2019		H			9,058	02/28/2018	02/28/2023	Common Stock	9,058	(2)	0	D
Warrants (right to buy)	$0.8	10/07/2019		P		4,529		10/07/2019	02/28/2023	Common Stock	4,529	(2)	4,529	D
Warrants (right to buy)	$0.79	10/07/2019		P		4,529		10/07/2019	02/28/2023	Common Stock	4,529	(3)	4,529	D
Warrants (right to buy)	$0.8	10/07/2019		M			4,529	10/07/2019	02/28/2023	Common Stock	4,529	$0	0	D
Warrants (right to buy)	$5.4	10/07/2019		H			9,058	12/23/2016	12/23/2021	Common Stock	9,058	(2)	0	D
Warrants (right to buy)	$0.8	10/07/2019		P		4,529		10/07/2019	12/23/2021	Common Stock	4,529	(2)	4,529	D
Warrants (right to buy)	$0.79	10/07/2019		P		4,529		10/07/2019	12/23/2021	Common Stock	4,529	(3)	4,529	D
Warrants (right to buy)	$0.8	10/07/2019		M			4,529	10/07/2019	12/23/2021	Common Stock	4,529	$0	0	D

Explanation of Responses:

1. Represents the aggregate number of outstanding shares of common stock of the issuer received upon the reporting person's exercise of all common stock purchase warrants of the issuer (the "Warrant") reported in Table II above at $0.80 per share on October 7, 2019.

2. Such transactions reported in Table II above reflect an amendment of a Warrant to reduce the exercise price of the Warrant from $5.40 per share to $0.80 per share. Such amendment is reported above as the cancellation of the original Warrant and the acquisition of a new Warrant.

3. Such transactions reported in Table II above reflect an amendment of a Warrant to reduce the exercise price of the Warrant from $5.40 per share to $0.79 per share. Such amendment is reported above as the cancellation of the original Warrant and the acquisition of a new Warrant.

Remarks:

Chief Executive Officer, President and Chairman of the Board

	/s/ Brett Moyer	10/09/2019
	** Signature of Reporting Person	Date
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