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

Role
Chairman and CEO, Director, 10%+ Owner
Signature
/s/ Jorge Avalos, Attorney-in-Fact
Stock symbol
ARC
Transactions as of
Dec 21, 2022
Transactions value $
$810,000
Form type
4
Date filed
12/22/2022, 05:35 PM
Previous filing
Feb 13, 2023
Next filing
Mar 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ARC Common Stock Options Exercise $810K +300K +20.66% $2.70 1.75M Dec 21, 2022 Direct
holding ARC Common Stock 1.59M Dec 21, 2022 By Suriyakumar Family Trust F1
holding ARC Common Stock 500K Dec 21, 2022 Seiyonne Suriyakumar 2013 Irrevocable Trust F2
holding ARC Common Stock 500K Dec 21, 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 -300K -100% $0.00* 0 Dec 21, 2022 Common Stock 300K $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.