Lustgarten Shai Shalom 4
4 · OMNIQ Corp. · Filed Mar 1, 2022
Insider Transaction Report
Form 4
OMNIQ Corp.OMQS
Lustgarten Shai
DirectorChief Executive Officer10% Owner
Transactions
- Award
Restricted Shares
2022-02-28+40,000→ 922,631 total(indirect: See footnote) - Award
Restricted Shares
2022-02-28+40,000→ 40,000 total→ Common Stock (40,000 underlying) - Award
Stock Option (right to buy)
2022-02-28+140,000→ 140,000 totalExercise: $5.65Exp: 2027-03-01→ Common Stock (140,000 underlying)
Footnotes (3)
- [F1]Each restricted share represents a contingent right to receive one share of the Issuer's common stock. 50% of the restricted shares vested on March 1, 2022, and 50% vest on March 1, 2023.
- [F2]Walefar Investments Ltd. holds 746,808 shares of the issuer's common stock, which is beneficially owned by Mr. Lustgarten.
- [F3]The stock options herein reflect grants to the Reporting Person pursuant to the OMNIQ Corp. 2021 Equity Incentive Plan. The stock options vest in even quarterly installments over 2 years and expire on March 1, 2027. Upon exercise, the underlying net options convert into shares of the issuer's common stock on a one-for-one basis.