Filing Details

Accession Number:
0001209191-21-056765
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-09-17 20:14:29
Reporting Period:
2021-09-16
Accepted Time:
2021-09-17 20:14:29
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1697851 Rekor Systems Inc. REKR () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1618171 Rodney Hillman C/O Rekor Systems, Inc.
7172 Columbia Gateway Drive, Suite 400
Columbia MD 21046
Coo No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2021-09-16 15,000 $3.81 85,745 No 4 M Direct
Common Stock Disposition 2021-09-16 5,747 $10.00 79,998 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Employee Stock Option (right to buy) Disposition 2021-09-16 15,000 $0.00 15,000 $3.81
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2020-11-09 2027-11-09 No 4 M Direct
Footnotes
  1. Includes 16,666 restricted stock units which vest in equal installments on February 21, 2022 and February 21, 2023, the second and third anniversaries of the grant date.
  2. Reflects a "sale to cover" transaction in connection with the reporting person's exercise of stock options to satisfy the payment of the exercise price of the stock options.
  3. This transaction was executed in multiple trades at prices ranging from $9.96 to $10.03. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide, upon request, to the SEC staff, the issuer or the security holders of the issuer full information regarding the number of shares and prices at which each transaction was effected.