Maital Noam Shai 4
4 · Rekor Systems, Inc. · Filed Nov 5, 2021
Insider Transaction Report
Form 4
Maital Noam Shai
CEO, Waycare Technologies Ltd.
Transactions
- Award
Common Stock
2021-11-03+255,284→ 981,978 total
Footnotes (1)
- [F1]Consists of 255,284 restricted stock units ("RSUs"), which shall vest in three equal installments on August 18, 2022, August 18, 2023 and August 18, 2024. As previously disclosed in the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission on August 19, 2021, a pool of 686,248 RSUs was reserved for issuance to the continuing employees of Waycare Technologies Ltd. ("Waycare") in connection with the Company's acquisition of Waycare. Mr. Maital's 255,284 RSUs represent his total allotment from the pool. The RSUs have been issued in accordance with and are subject to the terms of Company's 2017 Equity Award Plan, as amended and restated.