Stewart R. Massey - 16 May 2023 Form 4 Insider Report for INNODATA INC (INOD)

Role
Director
Signature
/s/ Amy Agress Attorney-in fact for Stewart R. Massey
Issuer symbol
INOD
Transactions as of
16 May 2023
Net transactions value
-$489,200
Form type
4
Filing time
17 May 2023, 16:28:07 UTC
Previous filing
08 Sep 2022
Next filing
20 Jun 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INOD Common Stock Options Exercise $73,500 +30,000 +300% $2.45* 40,000 16 May 2023 Direct
transaction INOD Common Stock Options Exercise $42,800 +40,000 +100% $1.07* 80,000 16 May 2023 Direct
transaction INOD Common Stock Sale $605,500 -70,000 -88% $8.65 10,000 16 May 2023 Direct F1
holding INOD Common Stock 23,000 16 May 2023 SEP IRA
holding INOD Common Stock 500 16 May 2023 See Footnote F2
holding INOD Common Stock 500 16 May 2023 See Footnote F3
holding INOD Common Stock 500 16 May 2023 See Footnote F4

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 INOD Stock Option (Right to Buy) Options Exercise $0 -30,000 -100% $0.000000* 0 16 May 2023 Common Stock 30,000 $2.45 Direct F5
transaction INOD Stock Option (Right to Buy) Options Exercise $0 -40,000 -100% $0.000000* 0 16 May 2023 Common Stock 40,000 $1.07 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trading prices ranging from $8.50 to $9.01. 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.
F2 These shares are held in trust for the benefit of one of the reporting person's children. The reporting person's spouse is the trustee of the trust.
F3 These shares are held in trust for the benefit of one of the reporting person's children. The reporting person's spouse is the trustee of the trust.
F4 These shares are held in trust for the benefit of one of the reporting person's children. The reporting person's spouse is the trustee of the trust.
F5 These stock options were granted to the reporting person on December 30, 2016 and were fully vested on the date of grant.
F6 These stock options were granted to the reporting person on July 13, 2018 and were fully vested on the date of grant.