Kumarakulasingam Suriyakumar - 21 Dec 2022 Form 4 Insider Report for ARC DOCUMENT SOLUTIONS, INC.

Role
Chairman and CEO, Director, 10%+ Owner
Signature
/s/ Jorge Avalos, Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
21 Dec 2022
Net transactions value
+$810,000
Form type
4
Filing time
22 Dec 2022, 17:35:56 UTC
Previous filing
13 Feb 2023
Next filing
16 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ARC Common Stock Options Exercise $810,000 +300,000 +21% $2.70 1,751,978 21 Dec 2022 Direct
holding ARC Common Stock 1,588,377 21 Dec 2022 By Suriyakumar Family Trust F1
holding ARC Common Stock 500,000 21 Dec 2022 Seiyonne Suriyakumar 2013 Irrevocable Trust F2
holding ARC Common Stock 500,000 21 Dec 2022 Shiyulli Suriyakumar 2013 Irrevocable Trust F3

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 ARC Employee Stock Option (right to buy) Options Exercise $0 -300,000 -100% $0.000000* 0 21 Dec 2022 Common Stock 300,000 $2.70 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares are held by The Suriyakumar Revocable Family Trust dated March 20, 1999, Kumarakulasingam Suriyakumar and Rushika A. Suriyakumar as Trustees.
F2 Shares are held by the Seiyonne Suriyakumar 2013 Irrevocable Trust, Seiyonne Suriyakumar, as Trustee.
F3 Shares are held by the Shiyulli Suriyakumar 2013 Irrevocable Trust, Shiyulli Suriyakumar, as Trustee.
F4 Option granted 3/8/2013. The shares subject to the option vested 33.3% on each of the first, second and third anniversaries of the date of grant.