Wentworth William O - 03 Sep 2024 Form 4 Insider Report for DATA I/O CORP (DAIO)

Role
President, Director
Signature
/s/ Gerald Y. Ng, under POA for William Wentworth
Issuer symbol
DAIO
Transactions as of
03 Sep 2024
Net transactions value
+$478,460
Form type
4
Filing time
04 Sep 2024, 20:10:50 UTC
Previous filing
16 May 2024
Next filing
08 May 2025
SEC
View on sec.gov

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 DAIO Common Stock Award $478,460 +200,000 $2.39 200,000 03 Sep 2024 Common Stock 200,000 $2.39 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 FMV price is the average of high low for the day.
F2 Vests quarterly over 4 years with a 6 year life

Remarks:

200,000 inducement shares granted 09-03-2024, vesting quarterly over 4 years, life of 6 years, vests on change in control