Mark T. Krial - Dec 10, 2021 Form 4 Insider Report for INFORMATION ANALYSIS INC (WAVD)

Role
Director
Signature
/s/ Matthew T. Sands
Stock symbol
WAVD
Transactions as of
Dec 10, 2021
Transactions value $
$62,241
Form type
4
Date filed
12/14/2021, 04:27 PM
Previous filing
Aug 30, 2021
Next filing
Jan 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WAVD Common Stock Award $50K +16.4K +13.71% $3.04* 136K Dec 10, 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 $12.2K +3.29K +3.66% $3.72* 93.3K Dec 10, 2021 Common Stock 3.29K $4.50 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Mr. Krial purchased $50,000 of Units in a private placement transaction at $3.04/ Unit, which consisted of 16,448 shares of common stock and Warrants to purchase additional 3,290 shares of common stock. Unit price was based on the Volume Weighted Average Price per share for the five trading days ended December 2, 2021.
F2 Warrants to acquire 3,290 shares of common stock reported herein are not exercisable until January 1, 2023.