BERMAN ROBERT ALAN 4
4 · Rekor Systems, Inc. · Filed Mar 6, 2024
Insider Transaction Report
Form 4
BERMAN ROBERT ALAN
DirectorChief Executive Officer
Transactions
- Other
Common Stock
2024-03-04$2.50/sh+120,000$300,000→ 1,255,219 total
Holdings
- 1,165,104(indirect: By Avon Road, L.P.)
Common Stock
Footnotes (2)
- [F1]On March 4, 2024, the Rekor Systems, Inc. completed the redemption of all its outstanding senior secured notes. In connection with the redemption, Mr. Berman elected to accept $300,000 of the redemption payment due to him for his senior secured notes in the form of 120,000 unregistered shares of the registrant's common stock, par value $0.0001 per share, having a value of $2.50 per share.
- [F2]Mr. Berman is the general partner of Avon Road.