Arctis Global LLC - Aug 16, 2023 Form 4 Insider Report for Rekor Systems, Inc. (REKR)

Role
10%+ Owner
Signature
Tim Davenport
Stock symbol
REKR
Transactions as of
Aug 16, 2023
Transactions value $
$4,256,655
Form type
4
Date filed
8/18/2023, 04:38 PM
Previous filing
Jun 27, 2023
Next filing
Mar 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction REKR Common Stock, $0.0001 par value Purchase $403K +150K +1.87% $2.68 8.16M Aug 16, 2023 Direct
transaction REKR Common Stock, $0.0001 par value Purchase $443K +150K +1.84% $2.96 8.31M Aug 17, 2023 Direct
transaction REKR Common Stock, $0.0001 par value Exercise of in-the-money or at-the-money derivative security $3.1M +1.24M +14.92% $2.50 9.55M Aug 18, 2023 Direct
transaction REKR Common Stock, $0.0001 par value Purchase $311K +100K +1.05% $3.11 9.65M Aug 18, 2023 Direct

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 REKR Call Option Exercise of in-the-money or at-the-money derivative security -12.4K -100% 0 Aug 18, 2023 Common Stock 1.24M $2.50 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The security listed is an exchange-traded option contract. Exchange-traded options are immediately exercisable and remain exercisable until expiration.
F2 This transaction is to reflect the exercise of the option at the strike price of 2.5 therefore price is not applicable