Christopher Kadoch - 15 Mar 2022 Form 4 Insider Report for Rekor Systems, Inc. (REKR)

Role
Chief Technology Officer
Signature
/s/ Christopher Kadoch
Issuer symbol
REKR
Transactions as of
15 Mar 2022
Net transactions value
-$5,102
Form type
4
Filing time
17 Mar 2022, 17:34:11 UTC
Previous filing
07 Feb 2022
Next filing
17 Mar 2023
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 $0 +1,852 +5% $0.000000 38,970 15 Mar 2022 Direct F1, F2
transaction REKR Common Stock Tax liability $5,102 -1,181 -3% $4.32 37,789 17 Mar 2022 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of 1,852 Restricted Stock Units ("RSUs") which vest in three installments on the next three anniversaries of the grant date beginning on March 15, 2023 and ending on March 15, 2025.
F2 Includes 10,000 RSUs which vest in three equal installments on March 17, 2022, March 17, 2023 and March 17, 2024, respectively; and 1,852 newly granted RSUs which vest as indicated in Footnote 1.
F3 Consists of 1,181 shares withheld for tax purposes in connection with the vesting of 3,334 RSUs on March 17, 2022.