Robert M. Stafford - Oct 24, 2022 Form 4 Insider Report for PASSUR Aerospace, Inc. (PSSR)

Role
Director
Signature
/s/ Robert M. Stafford
Stock symbol
PSSR
Transactions as of
Oct 24, 2022
Transactions value $
-$1,167
Form type
4
Date filed
10/26/2022, 09:10 PM
Previous filing
Dec 15, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PSSR Common Stock, par Value $0.01 Options Exercise +8.33K 8.33K Oct 24, 2022 Direct F1

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 PSSR Restricted Stock Units Options Exercise -$1.17K -8.33K -33.33% $0.14 16.7K Oct 24, 2022 Common Stock 8.33K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of Common Stock issued by the issuer to the reporting person upon the vesting of an award of restricted stock units previously granted to the reporting person on October 22, 2021, as described below.
F2 On October 22, 2021, the issuer granted to the reporting person an award of restricted stock units pursuant to the issuer's 2019 Stock Incentive Plan, as amended. Restricted stock units, upon vesting, convert into shares of the issuer's Common Stock on a one-for-one basis.
F3 The restricted stock unit award vests in equal annual installments over a three-year period, with the first installment vesting on October 22, 2022, and the remaining two installments vesting on October 22, 2023 and October 22, 2024.