Kerry A. Shiba - 03 Jul 2023 Form 4 Insider Report for ITERIS, INC.

Role
SVP and CFO
Signature
/s/ Donald R. Reynolds, by Power of Attorney
Issuer symbol
N/A
Transactions as of
03 Jul 2023
Net transactions value
$0
Form type
4
Filing time
06 Jul 2023, 17:20:24 UTC
Previous filing
06 Feb 2023
Next filing
28 Jun 2024
SEC
View on sec.gov

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 ITI Restricted Stock Units Award $0 +48,405 $0.000000 48,405 03 Jul 2023 Common Stock 48,405 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of common stock upon the vesting date.
F2 The RSUs vesting schedule is as follows: 50% after two years measured from the grant date and the last 50% after three years measured from the grant date.
F3 The expiration date will be three years measured from the grant date.