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Ownership Document
|
| Schema Version: X0306 |
| Document Type: 4 |
| Period of Report: 6/4/20 |
| Not Subject to Section 16: 0 |
| Issuer: |
| Issuer CIK: 878828 |
| Issuer Name: WIRELESS TELECOM GROUP INC |
| Issuer Trading Symbol: WTT |
| Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1644289 |
| | Owner Name: Herbets Mitchell H |
| Reporting Owner Address: |
| | Owner Street 1: C/O WIRELESS TELECOM GROUP |
| | Owner Street 2: 25 EASTMANS ROAD |
| | Owner City: PARSIPPANY |
| | Owner State: NJ |
| | Owner ZIP Code: 07054 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? Yes |
| | Is Officer? No |
| | Is Ten Percent Owner? No |
| | Is Other? No |
| | Officer Title: |
| | Other Text: |
| Non-Derivative Table: |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock, par value $0.01 per share |
| | Transaction Date: |
| | | Value: 6/4/20 |
| | Deemed Execution Date: |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: A |
| | | Equity Swap Involved? No |
| | Transaction Timeliness: |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 25,000 |
| Footnote ID: F1 |
| | | Transaction Price Per Share: |
| Value: 0.00 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 157,000 |
| Footnote ID: F2 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Footnotes: |
| Footnote - F1: Transaction represents grant of Restricted Stock Units (RSUs) in a transaction exempt under Rule 16b-3(d). On June 4, 2020 the Reporting Person was granted 25,000 RSUs which vest on June 3, 2021 (the "Vesting Date"), provided that the Reporting Person's service as a director of the Company continues to such date. Each RSU represents the contingent right to receive, at settlement, one share of Wireless Telecom Group (WTT) Common Stock subject to vesting of said unit. Settlement will occur within 30 days of the earlier of three years from the grant date, the date of the Reporting Person's separation from service (assuming vesting) or a change in control (assuming vesting). |
| Footnote - F2: Of the reported securities, 75,000 are represented by RSUs. |
| Owner Signature: |
| Signature Name: /s/ Michael Kandell, attorney-in-fact |
| Signature Date: 6/8/20 |
