Arctis Global LLC's Form 4 filing
Rekor Systems, Inc. (REKR) · filed Aug 18, 2023
- Accession no.
- 0001214659-23-011504
- Filed
- Aug 18, 2023
- Trade date
- Aug 16-18, 2023
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not checked
This filing lists 4 non-derivative transactions and 1 derivative transaction. Open-market purchases total $1.16M. It was filed 2 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Arctis Global LLCCIK 0001831342 | 10% Owner |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Aug 16, 2023 | Common Stock, $0.0001 par value | PPurchaseAcquired | +150,000 | $2.68 | +$402,000 | 8,157,591 | Direct | |
| Aug 17, 2023 | Common Stock, $0.0001 par value | PPurchaseAcquired | +150,000 | $2.96 | +$444,000 | 8,307,591 | Direct | |
| Aug 18, 2023 | Common Stock, $0.0001 par value | XIn-the-money exerciseAcquired | +1,239,900 | $2.50 | +$3,099,750 | 9,547,491 | Direct | |
| Aug 18, 2023 | Common Stock, $0.0001 par value | PPurchaseAcquired | +100,000 | $3.11 | +$311,000 | 9,647,491 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Aug 18, 2023 | Common Stock | XIn-the-money exerciseDisposed | −1,239,900 | –F2 | – | 0 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F2
This transaction is to reflect the exercise of the option at the strike price of 2.5 therefore price is not applicable
Referenced by the price of 1 transaction in Table II.