Marissa B. Espineli - 22 May 2023 Form 4 Insider Report for INNODATA INC (INOD)

Signature
/s/ Amy Agress Attorney-in fact for Marissa B. Espineli
Issuer symbol
INOD
Transactions as of
22 May 2023
Net transactions value
-$15,200
Form type
4
Filing time
23 May 2023, 16:34:37 UTC
Previous filing
18 May 2023
Next filing
22 Aug 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INOD Common Stock Options Exercise $34,800 +5,000 $6.96 5,000 22 May 2023 Direct
transaction INOD Common Stock Sale $50,000 -5,000 -100% $10.00 0 22 May 2023 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 INOD Stock Option (Right to Buy) Options Exercise $0 -5,000 -33% $0.000000 10,000 22 May 2023 Common Stock 5,000 $6.96 Direct F2
* 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 $10.00 to $10.02. 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 One third of these stock options vested on August 3, 2022, and the balance vest in two equal installments on August 3, 2023 and August 3, 2024.