Stewart R. Massey - Nov 13, 2024 Form 4 Insider Report for INNODATA INC (INOD)

Role
Director
Signature
/s/ Amy Agress Attorney-in fact for Stewart R. Massey
Stock symbol
INOD
Transactions as of
Nov 13, 2024
Transactions value $
-$1,965,636
Form type
4
Date filed
11/14/2024, 07:49 PM
Previous filing
Aug 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INOD Common Stock Options Exercise $62K +50K +197.93% $1.24 75.3K Nov 13, 2024 Direct F4
transaction INOD Common Stock Sale -$1.47M -36.8K -48.85% $40.09 38.5K Nov 13, 2024 Direct F1, F4
transaction INOD Common Stock Sale -$259K -6.35K -16.5% $40.85 32.1K Nov 13, 2024 Direct F2, F4
transaction INOD Common Stock Sale -$294K -6.88K -21.41% $42.75 25.3K Nov 13, 2024 Direct F3, F4
holding INOD Common Stock 23K Nov 13, 2024 SEP IRA

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 -50K -100% $0.00 0 Nov 13, 2024 Common Stock 50K $1.24 Direct F5
* 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 $39.75 to $40.73. 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 This transaction was executed in multiple trading prices ranging from $40.75 to $41.06. 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 This transaction was executed in multiple trading prices ranging from $42.50 to $43.12. 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.
F4 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. Pursuant to the Company's deferred compensation program, upon vesting the shares will be subject to a deferred payment date. The deferred payment date will be the first to occur of (i) the reporting person's separation from service, death or disability, (ii) a change of control (as defined in the Company's 2021 Equity Compensation Plan), or (iii) the fifth anniversary of the date of grant.
F5 These stock options were granted to the reporting person on August 1, 2019 and were fully vested on the date of grant.