Yaron Shalem - Jul 20, 2021 Form 4 Insider Report for OMNIQ Corp. (OMQS)

Role
Director
Signature
/s/ Yaron Shalem
Stock symbol
OMQS
Transactions as of
Jul 20, 2021
Transactions value $
$41,855
Form type
4
Date filed
7/22/2021, 08:37 PM
Next filing
Mar 1, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OMQS Common Stock Options Exercise $41.9K +19K $2.20 19K Jul 20, 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 OMQS Stock Option (right to buy) Options Exercise -25K $0 Jul 20, 2021 Common stock 19K $2.20 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The stock options exercised herein reflect the cashless exercise of certain options scheduled to expire on August 2, 2021. In connection with the Company's 2014 Option Plan, 500,000 stock options were granted to Mr. Shalem on August 2, 2017. Following the Company's 1-for-20 reverse stock split of its common stock, effective, November 20, 2019, the number of options in the stock option grant is 25,000. For this transaction, the number of options to be exercised by Mr. Shalem is 25,000. Following the net exercise, Mr. Shalem will have 0 remaining options from this class of options within the August 2, 2017 stock option grant.
F2 Upon exercise, the underlying net options convert into shares of the issuer's common stock on a one-for-one basis.