Jorge Avalos - Feb 8, 2023 Form 4 Insider Report for ARC DOCUMENT SOLUTIONS, INC. (ARC)

Role
Chief Financial Officer
Signature
/s/ Jorge Avalos
Stock symbol
ARC
Transactions as of
Feb 8, 2023
Transactions value $
$0
Form type
4
Date filed
2/10/2023, 04:41 PM
Previous filing
Jul 1, 2022
Next filing
Feb 28, 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ARC Common Stock Award $0 +35K +8.03% $0.00 471K Feb 8, 2023 Direct F1
transaction ARC Common Stock Tax liability $0 -4.76K -1.01% $0.00 466K Feb 9, 2023 Direct F2

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 ARC Employee Stock Option (right to buy) Award $0 +65K $0.00 65K Feb 8, 2023 Common Stock 65K $3.69 Direct F3
transaction ARC Employee Stock Option (right to buy) Award $0 +76K $0.00 76K Feb 8, 2023 Common Stock 76K $3.69 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Grant of restricted stock which vests 33.3% on each of the first three anniversaries of the grant date.
F2 These shares were withheld by the Issuer as payment for the tax liability associated with the vesting of shares of restricted stock on February 9, 2023 that had previously been granted to the Reporting Person.
F3 This stock option vests 33.3% on each of the first three anniversaries of the grant date.
F4 This stock option vests 25% on each of the first four anniversaries of the grant date.