Eyal Hen - 15 Mar 2023 Form 4 Insider Report for Rekor Systems, Inc. (REKR)

Role
CFO
Signature
/s/ Eyal Hen
Issuer symbol
REKR
Transactions as of
15 Mar 2023
Net transactions value
-$6,238
Form type
4
Filing time
17 Mar 2023, 17:44:37 UTC
Previous filing
17 Mar 2022
Next filing
19 Mar 2024
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 +50,000 +54% $0.000000 143,258 15 Mar 2023 Direct F1, F2
transaction REKR Common Stock Tax liability $6,238 -4,621 -3.2% $1.35 138,637 15 Mar 2023 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of 50,000 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 3,333 RSUs which vest on March 17, 2024; 26,667 RSUs which vest in two equal installments on March 15, 2024 and March 15, 2025; and 50,000 RSUs which vest as indicated in Footnote 1.