Marissa Espineli - 26 Feb 2025 Form 4 Insider Report for INNODATA INC (INOD)

Signature
/s/ Amy Agress Attorney-in fact for Marissa B. Espineli
Issuer symbol
INOD
Transactions as of
26 Feb 2025
Net transactions value
-$1,919,400
Form type
4
Filing time
27 Feb 2025, 17:24:36 UTC
Previous filing
23 Dec 2024
Next filing
22 Dec 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INOD Common Stock Options Exercise $33,300 +30,000 +167% $1.11 48,000 26 Feb 2025 Direct F1
transaction INOD Common Stock Sale $1,952,700 -30,000 -62% $65.09 18,000 26 Feb 2025 Direct F1, F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction INOD Stock Option (Right to Buy) Options Exercise $0 -30,000 -60% $0.000000 20,000 26 Feb 2025 Common Stock 30,000 $1.11 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 18,000 restricted stock units ("RSUs") that will vest in three equal installments on December 20, 2025, December 20, 2026 and December 20, 2027, and will be settled into shares of Innodata Inc.'s common stock upon vesting.
F2 The sale of the shares reported in Column 4 was made as part of the reporting person's financial planning, including for retirement and portfolio diversification purposes.
F3 This transaction was executed in multiple trading prices ranging from $65.00 to $65.54. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F4 These stock options became fully vested on July 17, 2021.