Douglas L. Groves - 02 Dec 2022 Form 4 Insider Report for ITERIS, INC.

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
06 Dec 2022, 16:02:14 UTC
Prior SEC filing
17 Nov 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Donald R. Reynolds, Attorney-in-Fact for Douglas Groves

Key filing fact

Douglas L. Groves filed Form 4 for ITERIS, INC. on 06 Dec 2022.

Key facts

  • This page summarizes Douglas L. Groves's Form 4 filing for ITERIS, INC..
  • 2 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 06 Dec 2022, 16:02.

Change

  • Previous filing in this sequence was filed on 17 Nov 2022.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

ITI transaction Derivative

Restricted Stock Units

Award

Transaction value
$0
Shares
+22,321
Change %
Price
$0.000000
Shares after
22,321
Date
02 Dec 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
22,321
Exercise price
Footnotes
F1, F2, F3
ITI transaction Derivative

Stock Option (Right to Buy)

Award

Transaction value
$0
Shares
+77,160
Change %
Price
$0.000000
Shares after
77,160
Date
02 Dec 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
77,160
Exercise price
$3.13
Footnotes
F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of common stock upon the vesting date.

Footnote F2

The RSUs vesting schedule is as follows: 50% after two years measured from the grant date and the last 50% after three years measured from the grant date.

Footnote F3

The expiration date will be three years measured from the grant date.

Footnote F4

The stock option becomes exercisable in a series of four (4) successive equal annual installments (i.e. one-fourth of the shares each year) upon optionee's completion of each year of service over the four (4) year period measured from the grant date.

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