DiPAULA JAMES C JR 4
4 · INFORMATION ANALYSIS INC · Filed Dec 14, 2021
Insider Transaction Report
Form 4
DiPAULA JAMES C JR
Director
Transactions
- Award
Common Stock
2021-12-10$3.04/sh+292,764$890,003→ 292,764 total - Award
Warrants (right-to-buy)
2021-12-10$3.72/sh+58,553$217,817→ 58,553 totalExercise: $4.50From: 2023-01-01Exp: 2026-12-31→ Common Stock (58,553 underlying)
Footnotes (2)
- [F1]Mr. DiPaula purchased $890,000 of Units in a private placement transaction at $3.04/ Unit, which consisted of 292,764 shares of common stock and Warrants to purchase additional 58,553 shares of common stock. Unit price was based on the Volume Weighted Average Price per share for the five trading days ended December 2, 2021.
- [F2]Warrants to acquire 58,553 shares of common stock reported herein are not exercisable until January 1, 2023.