Christopher Kadoch - 15 Mar 2023 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 2023
Net transactions value
-$1,771
Form type
4
Filing time
17 Mar 2023, 17:41:03 UTC
Previous filing
17 Mar 2022
Next filing
21 Apr 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 +5,100 +13% $0.000000 44,070 15 Mar 2023 Direct F1, F2
transaction REKR Common Stock Tax liability $296 -219 -0.5% $1.35 43,851 15 Mar 2023 Direct F2, F3
transaction REKR Common Stock Tax liability $1,475 -1,180 -2.7% $1.25 42,671 17 Mar 2023 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of 5,100 Restricted Stock Units ("RSUs") which vest in three installments on the next three anniversaries of the grant date beginning on March 15, 2024 and ending on March 15, 2026.
F2 Includes 3,334 RSUs which vest on March 17, 2024; 1,235 RSUs which vest in equal installments on March 15, 2024 and March 15, 2025, respectively; and 5,100 RSUs which vest as indicated in Footnote 1.
F3 Consists of 216 shares withheld for tax purposes in connection with the vesting of 618 RSUs on March 15, 2023.
F4 Consists of 1,180 shares withheld for tax purposes in connection with the vesting of 3,333 RSUs on March 17, 2023.