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Filing Details

Accession Number:: 0001354488-16-007918
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2016-06-28 20:04:47
Reporting Period:: 2016-06-23

Filing Date:: 2016-06-28
Accepted Time:: 2016-06-28 20:04:47
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
843006	Issuer Direct Corp	ISDR	Commercial Printing (2750)	261331503

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1282217	R Brian Balbirnie	C/O Issuer Direct Corp. 500 Perimeter Park Drive, Suite D Morrisville NC 27560	Chief Executive Officer	Yes	Yes	Yes	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2016-06-24	7,500	$0.00	7,500	No	4	M	Indirect	By Spouse
Common Stock	Disposition	2016-06-24	7,500	$5.89	0	No	4	S	Indirect	By Spouse
Common Stock	Acquisiton	2016-06-23	1,000	$6.10	620,255	No	4	P	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	M	Indirect	By Spouse
No	4	S	Indirect	By Spouse
No	4	P	Direct

Reported Derivative Holdings

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Sec. Name	Sec. Type	Price	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock	Option to Purchase Common Stock	$0.00	2024-12-16	500	500	Indirect
Common Stock	Restricted Stock Unit	$0.00	2017-12-16	1,000	1,000	Indirect
Common Stock	Restricted Stock Unit	$0.00	2019-01-01	1,000	2,000	Indirect

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2024-12-16	500	500	Indirect
2017-12-16	1,000	1,000	Indirect
2019-01-01	1,000	2,000	Indirect

Footnotes

Reflects shares underlying options to purchase common stock under the Issuer's 2010 Equity Incentive Plan and held by the Reporting Person's spouse with exercise prices of $1.70 for 3,000 shares, $2.10 for 1,500 shares and $3.30 for 3,000 shares for which the Reporting Person's spouse paid an aggregate exercise price of $18,240 to the Issuer. All such options had previously vested.
The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.73 to $6.00. The Reporting Person undertakes to provide full information regarding the number of shares and prices at which the transactions were effected upon request of the Securities and Exchange Commission, the Issuer or a security holder of the Issuer.
On June 23, 2016, the Reporting Person purchased 1,000 shares so that his aggregate holding is 620,255 shares of the Issuer's common stock as of the date of this filing.
2014 Equity Incentive Plan - Incentive Stock Option issued to spouse on December 16, 2014 with the following vesting schedule: 25% upon the first anniversary of grant and the remaining 75% on a quarterly basis for the three years thereafter. All options under this grant accelerate upon a Corporate Transaction as defined in the Registrant's 2014 Equity Inventive Plan.
2014 Equity Incentive Plan - Restrictive Stock Unit grant to spouse on December 16, 2014 with the following vesting schedule: 100% upon the third anniversary of grant. All restricted stock units vest upon a Corporate Transaction as defined in the Registrant's 2014 Equity Inventive Plan. Each Restricted Stock Unit represents the right to receive, at settlement, one share of the Registrant's common stock.
2014 Equity Incentive Plan - Restrictive Stock Unit grant to spouse on January 1, 2016 with the following vesting schedule: (i) 33 1/3% on the first anniversary of the date of grant; (ii) 33 1/3% on the second anniversary of the date of grant and (iii) the remaining 33 1/3% on the third anniversary of the date of grant. All restricted stock units vest upon a Corporate Transaction as defined in the Registrant's 2014 Equity Inventive Plan. Each Restricted Stock Unit represents the right to receive, at settlement, one share of the Registrant's common stock.