Noam Shai Maital - 18 Aug 2021 Form 4 Insider Report for Rekor Systems, Inc. (REKR)

Role
CEO, Waycare Technologies Ltd.
Signature
/s/ Noam Shai Maital
Issuer symbol
REKR
Transactions as of
18 Aug 2021
Net transactions value
+$5,294,692
Form type
4
Filing time
20 Aug 2021, 17:12:02 UTC
Next filing
05 Nov 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction REKR Common Stock Award $5,294,692 +726,694 $7.29 726,694 18 Aug 2021 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 As disclosed in the Company's Current Report on Form 8-K, as filed with the SEC on August 19, 2021 (the "Form 8-K"), the shares of Common Stock were issued as partial consideration for the acquisition of Waycare Technologies Ltd. pursuant to the terms of the Purchase Agreement, as defined in the Form 8-K.