4//SEC Filing
BERMAN ROBERT ALAN 4
Accession 0001209191-23-004752
CIK 0001697851other
Filed
Jan 23, 7:00 PM ET
Accepted
Jan 24, 8:56 PM ET
Size
7.5 KB
Accession
0001209191-23-004752
Insider Transaction Report
Form 4
BERMAN ROBERT ALAN
DirectorChief Executive Officer
Transactions
- Purchase
Warrats (right to buy)
2023-01-18+1,000,000→ 1,000,000 totalExercise: $2.00From: 2023-01-18Exp: 2028-01-18→ Common Stock (1,000,000 underlying)
Holdings
- 2,165,104(indirect: By Avon Road Partners, L.P.)
Common Stock
- 1,000,219
Common Stock
Footnotes (2)
- [F1]Mr. Berman is the general partner of Avon Road.
- [F2]On January 18, 2023, the Issuer and the Reporting Person entered into a securities purchase agreement (the "Purchase Agreement") pursuant to which the Reporting Person acquired from the Issuer in a private placement: (i) $2,000,000 in principal amount of senior secured notes (the "Notes"); and (ii) warrants to purchase up to 1,000,000 shares of common stock with an exercise price of $2.00 per share (the "Warrants"). The aggregate subscription amount paid by the Reporting Person for the Notes and Warrants acquired by it pursuant to the Purchase Agreement was $2,000,000.
Documents
Issuer
Rekor Systems, Inc.
CIK 0001697851
Entity typeother
Related Parties
1- filerCIK 0001169337
Filing Metadata
- Form type
- 4
- Filed
- Jan 23, 7:00 PM ET
- Accepted
- Jan 24, 8:56 PM ET
- Size
- 7.5 KB