Neev Nissenson - 20 Aug 2021 Form 4 Insider Report for OMNIQ Corp. (OMQS)

Signature
/s/ Neev Nissenson
Issuer symbol
OMQS
Transactions as of
20 Aug 2021
Net transactions value
-$15,564
Form type
4
Filing time
24 Aug 2021, 21:04:58 UTC
Previous filing
16 Jul 2021
Next filing
01 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OMQS Common Stock Sale $4,800 -600 -2.1% $8.00* 28,589 20 Aug 2021 Direct F1
transaction OMQS Common Stock Sale $10,764 -1,300 -4.5% $8.28* 27,289 23 Aug 2021 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares were sold to cover an Israeli tax liability triggered by Mr. Nissenson's earlier cashless exercise of 25,000 post-split options that were scheduled to expire on August 2, 2021. As the Common Stock came into Mr. Nissenson's possession upon the vesting of shares issued under an equity incentive plan of the Company and are being used to satisfy the tax liability the sale was exempt from the Lock-Up Agreement entered into as part of the July Offering.