Bonnie K. Wachtel - Aug 26, 2021 Form 4 Insider Report for INFORMATION ANALYSIS INC (WAVD)

Role
Director
Signature
/s/ MATTHEW T SANDS
Stock symbol
WAVD
Transactions as of
Aug 26, 2021
Transactions value $
$105,750
Form type
4
Date filed
8/30/2021, 02:48 PM
Previous filing
May 14, 2021
Next filing
Nov 16, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WAVD Common Stock Award $50K +25K +9.3% $2.00 294K Aug 26, 2021 Direct F1
transaction WAVD Common Stock Exercise of in-the-money or at-the-money derivative security $1.75K +5K +1.7% $0.35 299K Aug 26, 2021 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 WAVD Warrants (right-to-buy) Award $67.5K +25K +55.56% $2.70 70K Aug 26, 2021 Common Stock 25K $3.00 Direct
transaction WAVD Options (right-to-buy) Exercise of in-the-money or at-the-money derivative security -$13.5K -5K -7.14% $2.70 65K Aug 26, 2021 Common Stock 5K $0.35 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Ms. Wachtel purchased 35,000 units in a private placement at $2.00 per unit. One unit equals 1 share common stock and a warrant to purchase 1 additional share common stock at $3.00 per share, expiring August 31, 2026.