Todd Kreter - Nov 16, 2023 Form 4 Insider Report for ITERIS, INC. (ITI)

Role: Sr. Vice President
Signature: /s/ Donald R. Reynolds, Attorney-in-Fact for Todd Kreter
Stock symbol: ITI
Transactions as of: Nov 16, 2023
Transactions value $: $0
Form type: 4
Date filed: 11/20/2023, 04:02 PM
Previous filing: Jul 6, 2023
Next filing: Dec 8, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ITI	Common Stock	Options Exercise	$0	+4.36K	+4.6%	$0.00	99K	Nov 16, 2023	Direct	F1
transaction	ITI	Common Stock	Options Exercise	$0	+4.98K	+5.03%	$0.00	104K	Nov 18, 2023	Direct	F1
holding	ITI	Common Stock						308	Nov 16, 2023	IRA

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	Options Exercise	$0	-4.36K	-100%	$0.00^*	0	Nov 16, 2023	Common Stock	4.36K		Direct	F2, F3, F4
transaction	ITI	Restricted Stock Units	Options Exercise	$0	-4.98K	-50%	$0.00	4.98K	Nov 18, 2023	Common Stock	4.98K		Direct	F2, F4, F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The shares become payable upon events established by the reporting person in accordance with the Iteris, Inc. Non-Qualified Deferred Compensation Plan.
F2	Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of common stock upon the vesting date.
F3	The RSUs were granted on November 16, 2020. 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.
F4	The expiration date will be three years measured from the grant date.
F5	The RSUs were granted on November 18, 2021. 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.