Kerry A. Shiba - Sep 9, 2024 Form 4 Insider Report for ITERIS, INC. (ITI)

Role
SVP and CFO
Signature
/s/ Donald R. Reynolds, Attorney-in-Fact for Kerry A. Shiba
Stock symbol
ITI
Transactions as of
Sep 9, 2024
Transactions value $
-$85,647
Form type
4
Date filed
9/10/2024, 04:03 PM
Previous filing
Jun 28, 2024
Next filing
Nov 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ITI Common Stock Options Exercise $54K +12.1K $4.47 12.1K Sep 9, 2024 Direct
transaction ITI Common Stock Sale -$85.6K -12.1K -100% $7.09 0 Sep 9, 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 Stock Option (Right to Buy) Options Exercise -$54K -12.1K -25% $4.47 36.2K Sep 9, 2024 Common Stock 12.1K $4.47 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The stock option becomes exercisable in a series of (4) successive equal annual installments (i.e., one-fourth of the shares each year) upon optionee's completion of each year of service over the four (4) year period measured from the grant date.

Remarks:

The amount of options granted on February 3, 2023 has been updated to correctly report the grant of 48,319 shares.