James F. DeSocio - 23 Jun 2025 Form 4 Insider Report for INTELLINETICS, INC. (INLX)

Signature
/s/ James F. DeSocio
Issuer symbol
INLX
Transactions as of
23 Jun 2025
Net transactions value
-$20,170
Form type
4
Filing time
25 Jun 2025, 17:06:58 UTC
Previous filing
04 Apr 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
DESOCIO JAMES F CHIEF EXECUTIVE OFFICER, Director 2190 DIVIDEND DR, COLUMBUS, /s/ James F. DeSocio 25 Jun 2025 0001201579

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INLX Common Stock Options Exercise $100,000 +25,000 +43% $4.00 83,055 23 Jun 2025 Direct
transaction INLX Common Stock Tax liability $120,170 -9,330 -11% $12.88 73,725 23 Jun 2025 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 INLX Stock Option Options Exercise -25,000 -20% 102,854 23 Jun 2025 Common Stock 25,000 $4.00 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 transaction involved the exercise of a stock option by Mr. DeSocio. The Company withheld an amount of the common stock from the stock option having a fair market value equal to the sum of the exercise price and any amounts required to be withheld for tax purposes and issued the net shares to Mr. DeSocio.
F2 Currently exercisable.
F3 The option was granted under the 2015 Intellinetics, Inc. Equity Incentive Plan, and therefore the reporting person paid no price for the option.