William Wentworth - Sep 3, 2024 Form 4 Insider Report for DATA I/O CORP (DAIO)

Role
President, Director
Signature
/s/ Gerald Y. Ng, under POA for William Wentworth
Stock symbol
DAIO
Transactions as of
Sep 3, 2024
Transactions value $
$478,460
Form type
4
Date filed
9/4/2024, 08:10 PM
Previous filing
May 16, 2024

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 $478K +200K $2.39 200K Sep 3, 2024 Common Stock 200K $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