SEC FORM 3

SEC Form 3

FORM 3

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

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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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1. Name and Address of Reporting Person^*

Crawford Amanda

(Last)

(First)

(Middle)

C/O OWLET, INC.

3300 NORTH ASHTON BOULEVARD, SUITE 300

(Street)

LEHI

84043

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
07/09/2024

3. Issuer Name and Ticker or Trading Symbol
Owlet, Inc. [ OWLT ]

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

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Financial Officer

5. 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 Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	80,123⁽¹⁾	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)

Explanation of Responses:

1. Comprised of 17,516 shares of Class A Common Stock of the Issuer ("Common Stock") owned directly by the Reporting Person, (b) 7,886 Restricted Stock Units ("RSUs") granted under the Owlet, Inc. 2021 Equity Incentive Plan (the "Plan") on April 15, 2022, which is scheduled to vest 25% on the first anniversary of the date of grant and in equal installments on a quarterly basis thereafter for the following three years, (c) 28,504 RSUs granted under the Plan on September 6, 2023, which is scheduled to vest 50% on each of the first and second anniversaries of the date of grant, and (d) 26,217 RSUs granted under the Plan on September 6, 2023, which is scheduled to vest 100% on the first anniversary of the date of grant. Vesting of each of the foregoing RSU grants are subject to the terms of the Plan, the applicable award agreement, and continued employment through the applicable vesting date.

Remarks:

	/s/ Kirsten O'Donnell, Attorney-in-Fact	07/19/2024
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.