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

Role
10%+ Owner
Signature
Tim Davenport
Issuer symbol
REKR
Transactions as of
16 Aug 2023
Net transactions value
+$4,256,655
Form type
4
Filing time
18 Aug 2023, 16:38:00 UTC
Previous filing
27 Jun 2023
Next filing
06 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, $0.0001 par value Purchase $402,720 +150,000 +1.9% $2.68 8,157,591 16 Aug 2023 Direct
transaction REKR Common Stock, $0.0001 par value Purchase $443,385 +150,000 +1.8% $2.96 8,307,591 17 Aug 2023 Direct
transaction REKR Common Stock, $0.0001 par value Exercise of in-the-money or at-the-money derivative security $3,099,750 +1,239,900 +15% $2.50 9,547,491 18 Aug 2023 Direct
transaction REKR Common Stock, $0.0001 par value Purchase $310,800 +100,000 +1% $3.11 9,647,491 18 Aug 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 -12,399 -100% 0 18 Aug 2023 Common Stock 1,239,900 $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