Jorge Avalos - 27 Feb 2023 Form 4 Insider Report for ARC DOCUMENT SOLUTIONS, INC.

Role
Chief Financial Officer
Signature
/s/ Jorge Avalos, Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
27 Feb 2023
Net transactions value
-$9,137
Form type
4
Filing time
28 Feb 2023, 17:18:53 UTC
Previous filing
10 Feb 2023
Next filing
15 May 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 $94,500 +35,000 +7.5% $2.70 500,844 27 Feb 2023 Direct
transaction ARC Common Stock Tax liability $103,637 -31,029 -6.2% $3.34 469,815 27 Feb 2023 Direct F1

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 -35,000 -100% $0.000000* 0 27 Feb 2023 Common Stock 35,000 $2.70 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were withheld by the Issuer as payment for the exercise price and tax liability associated with the exercise of the Reporting Person's option.
F2 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.