Charles A. May Jr - 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 $
$188,000
Form type
4
Date filed
8/30/2021, 03:05 PM
Next filing
Dec 2, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WAVD Common Stock Award $80K +40K +57.14% $2.00 110K Aug 26, 2021 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 WAVD Warrants (right-to-buy) Award $108K +40K +88.89% $2.70 85K Aug 26, 2021 Common Stock 40K $3.00 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 General May purchased 40,000 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.