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

Role: Chief Executive Officer, Director, 10%+ Owner
Signature: /s/ Shai Lustgarten
Issuer symbol: OMQS
Transactions as of: 28 Feb 2022
Net transactions value: $0
Form type: 4
Filing time: 01 Mar 2022, 18:43:28 UTC
Previous filing: 18 Feb 2022
Next filing: 02 Sep 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	OMQS	Restricted Shares	Award		+40,000	+4.5%		922,631	28 Feb 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		+140,000			140,000	28 Feb 2022	Common Stock	140,000	$5.65	Direct	F3
transaction	OMQS	Restricted Shares	Award		+40,000			40,000	28 Feb 2022	Common Stock	40,000		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.