Kerry A. Shiba - 09 Sep 2024 Form 4 Insider Report for ITERIS, INC.

Role
SVP and CFO
Signature
/s/ Donald R. Reynolds, Attorney-in-Fact for Kerry A. Shiba
Issuer symbol
N/A
Transactions as of
09 Sep 2024
Net transactions value
-$85,647
Form type
4
Filing time
10 Sep 2024, 16:03:13 UTC
Previous filing
28 Jun 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
transaction ITI Common Stock Options Exercise $53,998 +12,080 $4.47 12,080 09 Sep 2024 Direct
transaction ITI Common Stock Sale $85,647 -12,080 -100% $7.09 0 09 Sep 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 $53,998 -12,080 -25% $4.47 36,239 09 Sep 2024 Common Stock 12,080 $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.