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

Role: SVP and Chief Product Officer
Signature: /s/ Donald R. Reynolds, Attorney-in-Fact for William M. Cousins
Issuer symbol: N/A
Transactions as of: 21 Mar 2024
Net transactions value: +$32,264
Form type: 4
Filing time: 25 Apr 2024, 16:01:46 UTC
Previous filing: 06 Jul 2023
Next filing: 28 Jun 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ITI	Common Stock	Options Exercise	$46,031	+9,375		$4.91	9,375	21 Mar 2024	Direct
transaction	ITI	Common Stock	Sale	$13,768	-2,804	-30%	$4.91	6,571	21 Mar 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	-9,375	-50%	$0.000000	9,375	21 Mar 2024	Common Stock	9,375	$0.000000	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.