Shai Shalom Lustgarten - Feb 28, 2022 Form 4 Insider Report for OMNIQ Corp. (OMQS)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Shai Lustgarten
Stock symbol
OMQS
Transactions as of
Feb 28, 2022
Transactions value $
$0
Form type
4
Date filed
3/1/2022, 06:43 PM
Previous filing
Feb 18, 2022
Next filing
Sep 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OMQS Restricted Shares Award +40K +4.53% 923K Feb 28, 2022 See footnote F1, F2

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) Award +140K 140K Feb 28, 2022 Common Stock 140K $5.65 Direct F3
transaction OMQS Restricted Shares Award +40K 40K Feb 28, 2022 Common Stock 40K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted share represents a contingent right to receive one share of the Issuer's common stock. 50% of the restricted shares vested on March 1, 2022, and 50% vest on March 1, 2023.
F2 Walefar Investments Ltd. holds 746,808 shares of the issuer's common stock, which is beneficially owned by Mr. Lustgarten.
F3 The stock options herein reflect grants to the Reporting Person pursuant to the OMNIQ Corp. 2021 Equity Incentive Plan. The stock options vest in even quarterly installments over 2 years and expire on March 1, 2027. Upon exercise, the underlying net options convert into shares of the issuer's common stock on a one-for-one basis.