Shai Shalom Lustgarten - 06 Mar 2023 Form 4 Insider Report for OMNIQ Corp. (OMQS)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Shai Shalom Lustgarten
Issuer symbol
OMQS
Transactions as of
06 Mar 2023
Net transactions value
+$125,258
Form type
4
Filing time
08 Mar 2023, 20:55:40 UTC
Previous filing
02 Sep 2022
Next filing
15 Jul 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OMQS Common Stock Options Exercise $125,258 +52,191 +5.7% $2.40 974,822 06 Mar 2023 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 -47,809 -100% 0 06 Mar 2023 Common stock 52,191 $2.40 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 March 6, 2023. In connection with the Company's 2018 Option Plan, On March 6, 2023, Mr. Lustgarten exercised 100,000 options on a cashless basis. For this transaction, the number of shares received by Mr. Lustgarten was 52,191. Following the net exercise, Mr. Lustgarten will have 0 remaining options from the grant on March 6, 2018.
F2 The options were issued pursuant to a grant under the 2018 Equity Incentive Plan.

Remarks:

Prior to the transaction reported herein, Mr. Lustgarten held 922,631 shares of the issuer's common stock. A portion of the shares held by Mr. Lustgarten are held in the name of his entity, Walefar Investments Ltd.