Form 4 for REKR Rekor Systems, Inc.
Accepted 2021-09-17 00:00:00 ET · period of report 2021-09-16 · accession 0001209191-21-056765 · 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 | 2021-09-17 | 2021-09-16 | REKR | Hillman Rodney | COO | S - Sale+OE | $10.00 | -5,747 | 80.0K | -7% | -$57.5K |
| D | 2021-09-17 | 2021-09-16 | REKR | Hillman Rodney | COO | M - OptEx | $3.81 | +15.0K | 85.7K | +21% | +$57.1K |
| D | 2021-09-17 | 2021-09-16 | REKR | Hillman Rodney | COO | M - OptEx | $0.00 | -15.0K | 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 | 2021-09-16 | S | D | 5,747 | $10.00 | 79,998 | D | — | — | (F2) Reflects a "sale to cover" transaction in connection with the reporting person's exercise of stock options to satisfy the payment of the exercise price of the stock options. (F3) This transaction was executed in multiple trades at prices ranging from $9.96 to $10.03. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide, upon request, to the SEC staff, the issuer or the security holders of the issuer full information regarding the number of shares and prices at which each transaction was effected. (F1) Includes 16,666 restricted stock units which vest in equal installments on February 21, 2022 and February 21, 2023, the second and third anniversaries of the grant date. |
| 2 | Common | Common Stock | 2021-09-16 | M | A | 15,000 | $3.81 | 85,745 | D | — | — | (F1) Includes 16,666 restricted stock units which vest in equal installments on February 21, 2022 and February 21, 2023, the second and third anniversaries of the grant date. |
| 3 | Derivative | Employee Stock Option (right to buy) | 2021-09-16 | M | D | 15,000 | $0.00 | 0 | D | $3.81 · 2020-11-09 to 2027-11-09 | 15,000 Common Stock |