Nissenson Neev 4
4 · OMNIQ Corp. · Filed Apr 12, 2021
Insider Transaction Report
Form 4
OMNIQ Corp.OMQS
Nissenson Neev
Director
Transactions
- Exercise/Conversion
Common Stock
2021-04-08$2.20/sh+1,901$4,182→ 11,901 total - Exercise/Conversion
Stock Option (right to buy)
2021-04-08−2,500→ 22,500 totalExercise: $2.20Exp: 2021-08-02→ Common Stock (25,000 underlying)
Footnotes (3)
- [F1]The stock options exercised herein reflect the cashless exercise of certain options scheduled to expire on August 2, 2021. In connection with the Company's 2014 Option Plan, 500,000 stock options were granted to Mr. Nissenson 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 options is 25,000. The number of options to be exercised by Mr. Nissenson is 2,500. Following the net exercise, Mr. Nissenson will have 22,500 remaining options from the grant on August 2, 2017.
- [F2]Upon exercise, the underlying net options 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, Mr. Nissenson directly held 10,000 shares of the issuer's common stock.