4//SEC Filing
Groves Douglas L 4
Accession 0001628280-21-023956
CIK 0000350868other
Filed
Nov 21, 7:00 PM ET
Accepted
Nov 22, 4:05 PM ET
Size
8.1 KB
Accession
0001628280-21-023956
Insider Transaction Report
Form 4
ITERIS, INC.ITI
Groves Douglas L
Senior Vice President & CFO
Transactions
- Award
Restricted Stock Units
2021-11-18+12,450→ 12,450 total→ Common Stock (12,450 underlying) - Award
Stock Option (Right to Buy)
2021-11-18+50,000→ 50,000 totalExercise: $5.00Exp: 2031-11-17→ Common Stock (50,000 underlying)
Footnotes (4)
- [F1]Each restricted stock unit represents a contingent right to receive one share of common stock upon the vesting date.
- [F2]The RSUs vesting schedule is as follows: 50% after two years measured from the grant date and the last 50% after three years measured from the grant date.
- [F3]The expiration date will be three years measured from the grant date.
- [F4]The Stock option becomes exercisable in a series of four (4) successive equal annual installments (i.e. one-fourth of the shares each year) upon optionee's completion of each year of service over the four (4) year period measured from the grant date.
Documents
Issuer
ITERIS, INC.
CIK 0000350868
Entity typeother
Related Parties
1- filerCIK 0001567857
Filing Metadata
- Form type
- 4
- Filed
- Nov 21, 7:00 PM ET
- Accepted
- Nov 22, 4:05 PM ET
- Size
- 8.1 KB