SEC Form 4 · accession 0001209191-17-050822
Rekor Systems, Inc. · REKR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Carl M Kumpf Jr.
Officer — Chief Financial Officer
Period of report
Aug 28, 2017
Accepted (ET)
Aug 30, 2017 · 7:13 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001697851
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F2,F1 | $1.6753 | Aug 28, 2017 | A | 174,595 | A | — | Aug 28, 2027 | Common Stock | 174,595 | 174,595 | D |
Explanation of responses
- F1The options began vesting on August 28, 2017 and will continue vesting in successive equal monthly installments over the following 36 months.
- F2As disclosed by Novume Solutions, Inc. (the "Company") in its Current Report on Form 8-K as filed with the SEC on August 29, 2017, the options were issued in connection with Mr. Kumpf's employment agreement and appointment as the Chief Financial Officer of the Company on August 28, 2017.