Louise C. Forlenza - 03 Mar 2025 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
03 Mar 2025
Net transactions value
-$228,400
Form type
4
Filing time
04 Mar 2025, 16:20:33 UTC
Previous filing
27 Feb 2025
Next filing
17 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INOD Common Stock Options Exercise $36,200 +5,000 +60% $7.24 13,278 03 Mar 2025 Direct F1
transaction INOD Common Stock Sale $264,600 -5,000 -38% $52.92 8,278 03 Mar 2025 Direct F1, F2, F3

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 Employee Stock Option (Right to Buy) Options Exercise $0 -5,000 -50% $0.000000 5,000 03 Mar 2025 Common Stock 5,000 $7.24 Direct F4
* 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.
F3 This transaction was executed in multiple trades at prices ranging from $52.73 to $53.08. 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 These stock options vested in their entirety on August 2, 2021.