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

Role
Interim CFO
Signature
/s/ Amy Agress Attorney-in fact for Marissa B. Espineli
Issuer symbol
INOD
Transactions as of
18 Aug 2023
Net transactions value
-$279,150
Form type
4
Filing time
22 Aug 2023, 16:10:04 UTC
Previous filing
23 May 2023
Next filing
29 Aug 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 $24,800 +20,000 $1.24* 20,000 18 Aug 2023 Direct
transaction INOD Common Stock Options Exercise $34,800 +5,000 +25% $6.96 25,000 18 Aug 2023 Direct
transaction INOD Common Stock Sale $338,750 -25,000 -100% $13.55 0 18 Aug 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 -20,000 -40% $0.000000 30,000 18 Aug 2023 Common Stock 20,000 $1.24 Direct F2
transaction INOD Stock Option (Right to Buy) Options Exercise $0 -5,000 -50% $0.000000 5,000 18 Aug 2023 Common Stock 5,000 $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.