Shalem Yaron 4
4 · OMNIQ Corp. · Filed Jul 22, 2021
Insider Transaction Report
Form 4
OMNIQ Corp.OMQS
Shalem Yaron
Director
Transactions
- Exercise/Conversion
Common Stock
2021-07-20$2.20/sh+19,025$41,855→ 19,025 total - Exercise/Conversion
Stock Option (right to buy)
2021-07-20−25,000Exercise: $2.20Exp: 2021-08-02→ Common stock (19,025 underlying)
Footnotes (2)
- [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. Shalem 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 in the stock option grant is 25,000. For this transaction, the number of options to be exercised by Mr. Shalem is 25,000. Following the net exercise, Mr. Shalem will have 0 remaining options from this class of options within the August 2, 2017 stock option grant.
- [F2]Upon exercise, the underlying net options convert into shares of the issuer's common stock on a one-for-one basis.