Nissensohn Carlos Jaime 4
4 · OMNIQ Corp. · Filed Apr 12, 2021
Insider Transaction Report
Form 4
OMNIQ Corp.OMQS
Nissensohn Carlos Jaime
10% Owner
Transactions
- Exercise/Conversion
Common Stock
2021-04-08$2.20/sh+57,026$125,457→ 786,334 total(indirect: See Footnote) - Exercise/Conversion
Warrants
2021-04-08−75,000→ 0 totalExercise: $2.20Exp: 2021-08-02→ Common Stock (75,000 underlying)
Footnotes (3)
- [F1]The warrants exercised herein reflect the cashless exercise of certain warrants scheduled to expire on August 2, 2021. In connection with a Consulting Agreement, 1,500,000 warrants were granted to Mr. Nissensohn on August 2, 2017. Following the Company's 1-for-20 reverse stock split of its common stock, effective, November 20, 2019, the number of warrants to be exercised is 75,000. Following the net exercise, Mr. Nissensohn has no more options from the August 2017 grant.
- [F2]Upon exercise, the underlying net warrants convert into shares of the issuer's common stock on a one-for-one basis, after giving effect to the 20:1 reverse stock split.
- [F3]Prior to the transaction reported herein, 729,308 shares of the issuer's common shares were held by Campbeltown Consulting Ltd., which is beneficially owned by Mr. Nissensohn.