William M. Cousins - Mar 21, 2024 Form 4 Insider Report for ITERIS, INC. (ITI)

Role
SVP and Chief Product Officer
Signature
/s/ Donald R. Reynolds, Attorney-in-Fact for William M. Cousins
Stock symbol
ITI
Transactions as of
Mar 21, 2024
Transactions value $
$32,264
Form type
4
Date filed
4/25/2024, 04:01 PM
Previous filing
Jul 6, 2023
Next filing
Jun 28, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ITI Common Stock Options Exercise $46K +9.38K $4.91 9.38K Mar 21, 2024 Direct
transaction ITI Common Stock Sale -$13.8K -2.8K -29.91% $4.91 6.57K Mar 21, 2024 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 ITI Restricted Stock Units Options Exercise $0 -9.38K -50% $0.00 9.38K Mar 21, 2024 Common Stock 9.38K $0.00 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported securities were sold to cover the related tax liability.
F2 The RSUs vesting schedule is as follows: 50% after two years measured from the grant date, March 21, 2022, 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.