Richard P. Palmieri - 13 Feb 2024 Form 4 Insider Report for RADIANT LOGISTICS, INC (RLGT)

Role
Director
Signature
Richard P. Palmieri
Issuer symbol
RLGT
Transactions as of
13 Feb 2024
Net transactions value
-$699,994
Form type
4
Filing time
15 Feb 2024, 16:15:07 UTC
Previous filing
17 Nov 2023
Next filing
18 Nov 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RLGT Common Stock Options Exercise $307,000 +100,000 +219% $3.07 145,722 13 Feb 2024 Direct
transaction RLGT Common Stock Tax liability $306,998 -53,391 -37% $5.75 92,331 13 Feb 2024 Direct
transaction RLGT Common Stock Options Exercise $188,000 +50,000 +54% $3.76 142,331 13 Feb 2024 Direct
transaction RLGT Common Stock Tax liability $187,996 -32,695 -23% $5.75 109,636 13 Feb 2024 Direct
transaction RLGT Common Stock Options Exercise $205,000 +50,000 +46% $4.10 159,636 13 Feb 2024 Direct
transaction RLGT Common Stock Tax liability $204,999 -35,652 -22% $5.75 123,984 13 Feb 2024 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction RLGT Stock Option (Right to Buy) Options Exercise $307,000 -100,000 -100% $3.07 0 13 Feb 2024 Common Stock 100,000 $3.07 Direct F1
transaction RLGT Stock Option (Right to Buy) Options Exercise $188,000 -50,000 -100% $3.76 0 13 Feb 2024 Common Stock 50,000 $3.76 Direct F2
transaction RLGT Stock Option (Right to Buy) Options Exercise $205,000 -50,000 -100% $4.10 0 13 Feb 2024 Common Stock 50,000 $4.10 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option vested in five equal annual installments that commenced on the date of grant. The first installment became exercisable on March 12, 2015, and the award was fully exercisable on March 12, 2019.
F2 The option vested in five equal annual installments that commenced on the date of grant. The first installment became exercisable on November 13, 2016, and the award was fully exercisable on November 13, 2020.
F3 The option vested in five equal annual installments that commenced on the date of grant. The first installment became exercisable on November 11, 2015, and the award was fully exercisable on November 11, 2019.