Marissa B. Espineli - Aug 18, 2023 Form 4 Insider Report for INNODATA INC (INOD)

Role
Interim CFO
Signature
/s/ Amy Agress Attorney-in fact for Marissa B. Espineli
Stock symbol
INOD
Transactions as of
Aug 18, 2023
Transactions value $
-$279,150
Form type
4
Date filed
8/22/2023, 04:10 PM
Previous filing
May 23, 2023
Next filing
Aug 29, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INOD Common Stock Options Exercise $24.8K +20K $1.24* 20K Aug 18, 2023 Direct
transaction INOD Common Stock Options Exercise $34.8K +5K +25% $6.96 25K Aug 18, 2023 Direct
transaction INOD Common Stock Sale -$339K -25K -100% $13.55 0 Aug 18, 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 -20K -40% $0.00 30K Aug 18, 2023 Common Stock 20K $1.24 Direct F2
transaction INOD Stock Option (Right to Buy) Options Exercise $0 -5K -50% $0.00 5K Aug 18, 2023 Common Stock 5K $6.96 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 trading prices ranging from $13.50 to $13.60. 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 August 1, 2022.
F3 One third of these stock options vested on August 3, 2022, one third vested on August 3, 2023, and the remaining one third will vest on August 3, 2024.