James F. Desocio - Apr 2, 2024 Form 4 Insider Report for INTELLINETICS, INC. (INLX)

Signature
/s/ James F. DeSocio
Stock symbol
INLX
Transactions as of
Apr 2, 2024
Transactions value $
$182,216
Form type
4
Date filed
4/4/2024, 06:46 PM
Previous filing
Apr 18, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INLX Common Stock Award $202K +30K +19.63% $6.74 183K Apr 2, 2024 Direct F1
transaction INLX Common Stock Tax liability -$20K -2.97K -1.62% $6.74 180K Apr 2, 2024 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock granted in exchange for services pursuant to the Company's 2015 Equity Incentive Plan. The stock is 1/3 vested upon grant, 1/3 vested upon the first anniversary, and the remainder vests upon the second anniversary of grant.
F2 Stock remitted by Mr. DeSocio to the Company for payment of withholding taxes for vested portion.