Brian R. Balbirnie - Feb 1, 2023 Form 4 Insider Report for ISSUER DIRECT CORP (ISDR)

Role: Director, CEO, Director, 10%+ Owner
Signature: /s/ Brian R. Balbirnie
Stock symbol: ISDR
Transactions as of: Feb 1, 2023
Transactions value $: $0
Form type: 4
Date filed: 2/3/2023, 03:31 PM
Previous filing: Jun 23, 2022
Next filing: Nov 16, 2023

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	Restricted Stock Unit	Award	$0	+20K		$0.00	20K	Feb 1, 2023	Common Stock	20K	$0.00	Direct	F1

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

Explanation of Responses:

Id	Content
F1	This restricted stock unit vests as follows: (i) one third (1/3) vests on January 1, 2024; (ii) one third (1/3) vests on January 1, 2025; and (iii) one third (1/3) vests on January 1, 2026. In the event of a Corporate Transaction (as defined in the Issuer's 2014 Equity Incentive Plan, as amended), the restricted stock units not previously vested shall immediately become vested. The Reporting Person must be an employee of the Issuer as of each vesting date.

Content

This restricted stock unit vests as follows: (i) one third (1/3) vests on January 1, 2024; (ii) one third (1/3) vests on January 1, 2025; and (iii) one third (1/3) vests on January 1, 2026. In the event of a Corporate Transaction (as defined in the Issuer's 2014 Equity Incentive Plan, as amended), the restricted stock units not previously vested shall immediately become vested. The Reporting Person must be an employee of the Issuer as of each vesting date.