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

Role
Director
Signature
Richard P. Palmieri
Stock symbol
RLGT
Transactions as of
Feb 13, 2024
Transactions value $
-$699,994
Form type
4
Date filed
2/15/2024, 04:15 PM
Previous filing
Nov 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RLGT Common Stock Options Exercise $307K +100K +218.71% $3.07 146K Feb 13, 2024 Direct
transaction RLGT Common Stock Tax liability -$307K -53.4K -36.64% $5.75 92.3K Feb 13, 2024 Direct
transaction RLGT Common Stock Options Exercise $188K +50K +54.15% $3.76 142K Feb 13, 2024 Direct
transaction RLGT Common Stock Tax liability -$188K -32.7K -22.97% $5.75 110K Feb 13, 2024 Direct
transaction RLGT Common Stock Options Exercise $205K +50K +45.61% $4.10 160K Feb 13, 2024 Direct
transaction RLGT Common Stock Tax liability -$205K -35.7K -22.33% $5.75 124K Feb 13, 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 -$307K -100K -100% $3.07 0 Feb 13, 2024 Common Stock 100K $3.07 Direct F1
transaction RLGT Stock Option (Right to Buy) Options Exercise -$188K -50K -100% $3.76 0 Feb 13, 2024 Common Stock 50K $3.76 Direct F2
transaction RLGT Stock Option (Right to Buy) Options Exercise -$205K -50K -100% $4.10 0 Feb 13, 2024 Common Stock 50K $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.