Shai Shalom Lustgarten - 16 Feb 2022 Form 4 Insider Report for OMNIQ Corp. (OMQS)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Shai Lustgarten
Issuer symbol
OMQS
Transactions as of
16 Feb 2022
Net transactions value
+$133,540
Form type
4
Filing time
18 Feb 2022, 16:04:08 UTC
Next filing
01 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OMQS Common Stock Options Exercise $92,068 +51,149 +6.4% $1.80 854,983 17 Feb 2022 See footnote F1, F4
transaction OMQS Common Stock Options Exercise $41,472 +27,648 +3.2% $1.50 882,631 17 Feb 2022 See footnote F2, F4

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 OMQS Stock Option (right to buy) Options Exercise -76,033 -100% 0 17 Feb 2022 Common Stock 51,149 $1.80 Direct F1, F3
transaction OMQS Stock Option (right to buy) Options Exercise -38,017 -100% 0 17 Feb 2022 Common Stock 27,648 $1.50 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The stock options exercised herein reflect the cashless exercise of certain options issued on February 17, 2017 scheduled to expire on February 17, 2022. Following the Company's 1-for-20 reverse stock split of its common stock, effective November 20, 2019, the number of options to be exercised is 76,033.
F2 The stock options exercised herein reflect the cashless exercise of certain options issued on February 17, 2017 scheduled to expire on February 17, 2022. Following the Company's 1-for-20 reverse stock split of its common stock, effective November 20, 2019, the number of options to be exercised is 38,017.
F3 Upon exercise, the underlying net options convert into shares of the issuer's common stock on a one-for-one basis.
F4 Prior to the transaction reported herein, Walefar Investments Ltd. held 746,808 shares of the issuer's common stock, which is beneficially owned by Mr. Lustgarten.