Marissa B. Espineli - 21 Nov 2024 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
21 Nov 2024
Net transactions value
-$1,681,402
Form type
4
Filing time
22 Nov 2024, 16:05:15 UTC
Previous filing
30 Aug 2023
Next filing
23 Dec 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 Options Exercise $79,566 +23,333 $3.41 23,333 21 Nov 2024 Direct
transaction INOD Common Stock Options Exercise $12,400 +10,000 +43% $1.24 33,333 21 Nov 2024 Direct
transaction INOD Common Stock Options Exercise $34,800 +5,000 +15% $6.96 38,333 21 Nov 2024 Direct
transaction INOD Common Stock Sale $1,808,168 -38,333 -100% $47.17 0 21 Nov 2024 Direct F1, F2

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 -23,333 -67% $0.000000 11,667 21 Nov 2024 Common Stock 23,333 $3.41 Direct F3
transaction INOD Stock Option (Right to Buy) Options Exercise $0 -10,000 -100% $0.000000 0 21 Nov 2024 Common Stock 10,000 $1.24 Direct F4
transaction INOD Stock Option (Right to Buy) Options Exercise $0 -5,000 -100% $0.000000 0 21 Nov 2024 Common Stock 5,000 $6.96 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 $47.00 to $47.61. 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 The sale of the shares reported in Column 4 was made as part of the reporting person's financial planning, including for retirement and portfolio diversification purposes.
F3 One third of these stock options vested on October 7, 2023, one third vested on October 7, 2024 and the remaining one third will vest on October 7, 2025.
F4 These stock options became fully vested on August 1, 2022.
F5 These stock options became fully vested on August 3, 2024.