Filing Details
- Accession Number:
- 0001628280-24-008635
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-03-04 18:05:17
- Reporting Period:
- 2024-02-29
- Accepted Time:
- 2024-03-04 18:05:17
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 350868 | Iteris Inc. | ITI | Communications Equipment, Nec (3669) | 952588496 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1653403 | Joseph J. Bergera | 1250 S. Capital Of Texas Highway Building 1, Suite 330 Austin TX 78746 | President And Ceo | Yes | 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 | 2024-02-29 | 14,000 | $2.38 | 193,138 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2024-02-29 | 10,714 | $5.19 | 182,424 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2024-03-01 | 18,500 | $2.38 | 200,924 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2024-03-01 | 12,736 | $5.17 | 188,188 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2024-03-04 | 17,500 | $2.38 | 205,688 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2024-03-04 | 13,450 | $5.03 | 192,238 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2024-03-04 | 4,323 | $2.38 | 196,561 | No | 4 | M | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Stock Option (Right to Buy) | Disposition | 2024-02-29 | 14,000 | $2.38 | 14,000 | $2.38 |
| Common Stock | Stock Option (Right to Buy) | Disposition | 2024-03-01 | 18,500 | $2.38 | 18,500 | $2.38 |
| Common Stock | Stock Option (Right to Buy) | Disposition | 2024-03-04 | 17,500 | $2.38 | 17,500 | $2.38 |
| Common Stock | Stock Option (Right to Buy) | Disposition | 2024-03-04 | 4,323 | $2.38 | 4,323 | $2.38 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 1,136,000 | 2025-09-22 | No | 4 | M | Direct | |
| 1,117,500 | 2025-09-22 | No | 4 | M | Direct | |
| 1,100,000 | 2025-09-22 | No | 4 | M | Direct | |
| 1,095,677 | 2025-09-22 | No | 4 | M | Direct |
Footnotes
- As disclosed in Iteris' Form 10-Q for the quarter ended December 31, 2023, pursuant to a Rule 10b5-1 plan adopted on November 30, 2023, the Reporting Person sold only enough shares to cover the exercise price and related taxes upon the Reporting Person's exercise of a portion of his stock options that expire in September 2025. The Reporting Person retained all of the remaining shares purchased upon exercise.
- The reported securities were sold in multiple transactions at prices ranging from $5.11 to $5.24. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.
- The reported securities were sold in multiple transactions at prices ranging from $5.06 to $5.24. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.
- The reported securities were sold in multiple transactions at prices ranging from $5.00 to $5.15. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.
- The option vested in full on September 22, 2019.
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