Ashok Mishra - May 30, 2023 Form 4 Insider Report for INNODATA INC (INOD)

Signature
/s/ Amy Agress Attorney-in fact for Ashok Mishra
Stock symbol
INOD
Transactions as of
May 30, 2023
Transactions value $
-$1,185,913
Form type
4
Date filed
5/30/2023, 06:19 PM
Previous filing
Oct 11, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INOD Common Stock Options Exercise $315K +129K $2.45* 129K May 30, 2023 Direct
transaction INOD Common Stock Options Exercise $96.5K +13.3K +10.37% $7.24 142K May 30, 2023 Direct
transaction INOD Common Stock Sale -$1.6M -142K -100% $11.26 0 May 30, 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 Employee Stock Option (Right to Buy) Options Exercise $0 -129K -100% $0.00* 0 May 30, 2023 Common Stock 129K $2.45 Direct F2
transaction INOD Employee Stock Option (Right to Buy) Options Exercise $0 -13.3K -33.33% $0.00 26.7K May 30, 2023 Common Stock 13.3K $7.24 Direct F3
* 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 trades at prices ranging from $11.00 to $11.66. 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 stock options became fully vested on December 30, 2019.
F3 One third of these stock options vested on August 2, 2022, and the balance vest in two equal installments on August 2, 2023 and August 2, 2024.