Louise C. Forlenza - 13 Nov 2024 Form 4 Insider Report for INNODATA INC (INOD)

Role
Director
Signature
/s/ Amy Agress Attorney-in fact for Louise C. Forlenza
Issuer symbol
INOD
Transactions as of
13 Nov 2024
Net transactions value
-$1,907,702
Form type
4
Filing time
14 Nov 2024, 19:48:17 UTC
Previous filing
06 Jun 2024
Next filing
25 Nov 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INOD Common Stock Sale $131,326 -2,984 -20% $44.01 12,278 13 Nov 2024 Direct F1
transaction INOD Common Stock Sale $1,637,136 -36,914 -88% $44.35 4,860 13 Nov 2024 By 401(k) Plan F2
transaction INOD Common Stock Sale $139,240 -3,086 -63% $45.12 1,774 13 Nov 2024 By 401(k) Plan F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 8,278 restricted stock units ("RSUs") that will vest 100% on the earlier to occur of (i) June 5, 2025 and (ii) the date of Innodata Inc.'s 2025 annual meeting of stockholders and will be settled into shares of Innodata's common stock upon vesting.
F2 The sale of the shares reported in Column 4 was made as part of the reporting person's personal investment and financial planning needs, including for individual retirement planning and portfolio diversification purposes. This transaction was executed in multiple trading prices ranging from $43.91 to $44.85. 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.
F3 The sale of the shares reported in Column 4 was made as part of the reporting person's personal investment and financial planning needs, including for individual retirement planning and portfolio diversification purposes. This transaction was executed in multiple trading prices ranging from $45.00 to $45.31. 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.