Steven Winfield Knerr - 18 Mar 2022 Form 4 Insider Report for ISSUER DIRECT CORP (ACCS)

Role: Principal Accounting Officer
Signature: /s/ Steven Winfield Knerr
Issuer symbol: ACCS
Transactions as of: 18 Mar 2022
Net transactions value: -$8,725
Form type: 4
Filing time: 22 Mar 2022, 21:05:32 UTC
Next filing: 02 Oct 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ISDR	Common Stock	Sale	$66,925	-2,500	-10%	$26.77	21,500	18 Mar 2022	Direct	F1
transaction	ISDR	Common Stock	Options Exercise	$58,200	+7,500	+35%	$7.76	29,000	22 Mar 2022	Direct	F2

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	ISDR	Options to Purchase Common Stock	Options Exercise	$0	-7,500	-75%	$0.000000	2,500	22 Mar 2022	Common Stock	2,500	$7.76	Direct	F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The Reporting Person sold these 2,500 shares pursuant to a Rule 10b5-1 trading plan executed on August 21, 2020 and in order to pay the exercise price for the option exercise described in footnote 2 below along with any applicable taxes. The $26.77 represents a weighted average price. The Reporting Person sold 1,100 shares of common stock at a price of $26.50 per share and 1,400 shares of common stock at a price of $26.99 per share.
F2	The Reporting Person exercised an option to purchase 7,500 shares of common stock at a per share exercise price of $7.76. The option was originally granted on October 1, 2013 and 2,500 shares of common stock continue to underlie this option.
F3	All of the shares underlying this option have vested.