Form 4 for INOD INNODATA INC
Accepted 2024-11-14 00:00:00 ET · period of report 2024-11-13 · accession 0001104659-24-119395 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-11-14 | 2024-11-13 | INOD | Massey Stewart R | Dir | M - OptEx | $1.24 | +50.0K | 75.3K | +198% | +$62.0K |
| DM | 2024-11-14 | 2024-11-13 | INOD | Massey Stewart R | Dir | S - Sale+OE | $40.55 | -50.0K | 38.5K | -56% | -$2.03M |
| D | 2024-11-14 | 2024-11-13 | INOD | Massey Stewart R | Dir | M - OptEx | $0.00 | -50.0K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2024-11-13 | M | A | 50,000 | $1.24 | 75,262 | D | — | — | (F4) Includes 8,278 restricted stock units ("RSUs") that will vest 100% on the earlier to occur of (i) June 5, 2025, and (ii) the date of Innodata Inc.'s 2025 annual meeting of stockholders and will be settled into shares of Innodata's common stock upon vesting. Pursuant to the Company's deferred compensation program, upon vesting the shares will be subject to a deferred payment date. The deferred payment date will be the first to occur of (i) the reporting person's separation from service, death or disability, (ii) a change of control (as defined in the Company's 2021 Equity Compensation Plan), or (iii) the fifth anniversary of the date of grant. |
| 2 | Common | Common Stock | 2024-11-13 | S | D | 6,352 | $40.85 | 32,145 | D | — | — | (F2) This transaction was executed in multiple trading prices ranging from $40.75 to $41.06. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. (F4) Includes 8,278 restricted stock units ("RSUs") that will vest 100% on the earlier to occur of (i) June 5, 2025, and (ii) the date of Innodata Inc.'s 2025 annual meeting of stockholders and will be settled into shares of Innodata's common stock upon vesting. Pursuant to the Company's deferred compensation program, upon vesting the shares will be subject to a deferred payment date. The deferred payment date will be the first to occur of (i) the reporting person's separation from service, death or disability, (ii) a change of control (as defined in the Company's 2021 Equity Compensation Plan), or (iii) the fifth anniversary of the date of grant. |
| 3 | Common | Common Stock | 2024-11-13 | S | D | 6,883 | $42.75 | 25,262 | D | — | — | (F3) This transaction was executed in multiple trading prices ranging from $42.50 to $43.12. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. (F4) Includes 8,278 restricted stock units ("RSUs") that will vest 100% on the earlier to occur of (i) June 5, 2025, and (ii) the date of Innodata Inc.'s 2025 annual meeting of stockholders and will be settled into shares of Innodata's common stock upon vesting. Pursuant to the Company's deferred compensation program, upon vesting the shares will be subject to a deferred payment date. The deferred payment date will be the first to occur of (i) the reporting person's separation from service, death or disability, (ii) a change of control (as defined in the Company's 2021 Equity Compensation Plan), or (iii) the fifth anniversary of the date of grant. |
| 4 | Common | Common Stock | 2024-11-13 | S | D | 36,765 | $40.09 | 38,497 | D | — | — | (F1) This transaction was executed in multiple trading prices ranging from $39.75 to $40.73. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. (F4) Includes 8,278 restricted stock units ("RSUs") that will vest 100% on the earlier to occur of (i) June 5, 2025, and (ii) the date of Innodata Inc.'s 2025 annual meeting of stockholders and will be settled into shares of Innodata's common stock upon vesting. Pursuant to the Company's deferred compensation program, upon vesting the shares will be subject to a deferred payment date. The deferred payment date will be the first to occur of (i) the reporting person's separation from service, death or disability, (ii) a change of control (as defined in the Company's 2021 Equity Compensation Plan), or (iii) the fifth anniversary of the date of grant. |
| 5 | Derivative | Stock Option (Right to Buy) | 2024-11-13 | M | D | 50,000 | $0.00 | 0 | D | $1.24 · — to 2029-07-31 | 50,000 Common Stock | (F5) These stock options were granted to the reporting person on August 1, 2019 and were fully vested on the date of grant. |