SHIBA KERRY A 4
4 · ITERIS, INC. · Filed Jun 28, 2024
Insider Transaction Report
Form 4
ITERIS, INC.ITI
SHIBA KERRY A
SVP and CFO
Transactions
- Award
Restricted Stock Units
2024-06-26+19,108→ 19,108 total→ Common Stock (19,108 underlying) - Award
Stock Option (Right to Buy)
2024-06-26+70,970→ 70,970 totalExercise: $4.21Exp: 2034-06-26→ Common Stock (70,970 underlying)
Footnotes (4)
- [F1]Each restricted stock unit ("RSU") 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 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 successive equal annual installments (i.e. one-fourth of the shares each year) upon the Reporting Person's completion of each year of service over the four year period measured from the grant date.