Lustgarten Shai Shalom 4
4 · OMNIQ Corp. · Filed Feb 18, 2022
Insider Transaction Report
Form 4
OMNIQ Corp.OMQS
Lustgarten Shai
DirectorChief Executive Officer10% Owner
Transactions
- Exercise/Conversion
Common Stock
2022-02-17$1.80/sh+51,149$92,068→ 854,983 total(indirect: See footnote) - Exercise/Conversion
Stock Option (right to buy)
2022-02-17−76,033→ 0 totalExercise: $1.80Exp: 2022-02-17→ Common Stock (51,149 underlying) - Exercise/Conversion
Common Stock
2022-02-17$1.50/sh+27,648$41,472→ 882,631 total(indirect: See footnote) - Exercise/Conversion
Stock Option (right to buy)
2022-02-17−38,017→ 0 totalExercise: $1.50Exp: 2022-02-17→ Common Stock (27,648 underlying)
Footnotes (4)
- [F1]The stock options exercised herein reflect the cashless exercise of certain options issued on February 17, 2017 scheduled to expire on February 17, 2022. Following the Company's 1-for-20 reverse stock split of its common stock, effective November 20, 2019, the number of options to be exercised is 76,033.
- [F2]The stock options exercised herein reflect the cashless exercise of certain options issued on February 17, 2017 scheduled to expire on February 17, 2022. Following the Company's 1-for-20 reverse stock split of its common stock, effective November 20, 2019, the number of options to be exercised is 38,017.
- [F3]Upon exercise, the underlying net options convert into shares of the issuer's common stock on a one-for-one basis.
- [F4]Prior to the transaction reported herein, Walefar Investments Ltd. held 746,808 shares of the issuer's common stock, which is beneficially owned by Mr. Lustgarten.