09/05/2025 | Press release | Distributed by Public on 09/05/2025 16:20
FORM 4
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) |
4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
SHAKERDGE-HENNESSY DEBRA C/O REKOR SYSTEMS, INC. 6721 COLUMBIA GATEWAY DRIVE, SUITE 400 COLUMBIA, MD 21046 |
Chief People Officer |
/s/ Debra Shakerdge-Hennessy | 09/05/2025 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | On September 2, 2024, the Reporting Person was granted 6,000 Restricted Stock Units ("RSUs"), vesting in three equal installments of 2,000 RSUs on September 2, 2025, September 2, 2026, and September 2, 2027. The grant was inadvertently not reported on Form 4 at the time of grant due to an administrative oversight by the Issuer. |
(2) | Reflects the Reporting Person's beneficial ownership as of September 2, 2024, when the afformentioned reportable transaction was inadvertently not reported on Form 4, and includes 3,333 RSUs which vest on March 15, 2026. |
(3) | Consists of 569 shares withheld for tax purposes in connection with the vesting of 2,000 RSUs on September 2, 2025. |
(4) | Includes 46,650 RSUs which vest on November 18, 2025; 3,333 RSUs which vest on March 15, 2026; and 4,000 RSUs which vest in equal installments on September 2, 2026 and September 2, 2027. |