William M. Cousins - 26 Jun 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: 26 Jun 2024
Net transactions value: $0
Form type: 4
Filing time: 28 Jun 2024, 16:03:08 UTC
Previous filing: 25 Apr 2024
Next filing: 01 Nov 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	ITI	Common Stock						6,571	26 Jun 2024	Direct

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	+10,428		$0.000000	10,428	26 Jun 2024	Common Stock	10,428		Direct	F1, F2, F3
transaction	ITI	Stock Option (Right to Buy)	Award	$0	+38,731		$0.000000	38,731	26 Jun 2024	Common Stock	38,731	$4.21	Direct	F4

* 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 50% after three years measured from the grant date.
F3	The expiration date will be three years measured from the grant date.
F4	The stock option becomes exercisable in a series of four successive equal annual installments (i.e. one-fourth of the shares each year) upon the Reporting Person's completion of each year of service over the four year period measured from the grant date.