Joseph D. Spain - Mar 28, 2025 Form 4 Insider Report for INTELLINETICS, INC. (INLX)

Signature
/s/ Joseph D. Spain
Stock symbol
INLX
Transactions as of
Mar 28, 2025
Transactions value $
$83,640
Form type
4
Date filed
4/1/2025, 07:56 PM
Previous filing
Apr 4, 2024
Next filing
Apr 4, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INLX Common Stock Award $17.5K +1.44K +5.28% $12.12 28.8K Mar 28, 2025 Direct F1
transaction INLX Common Stock Award $73.4K +6.06K +21.06% $12.12 34.8K Mar 28, 2025 Direct F2
transaction INLX Common Stock Tax liability -$7.26K -599 -1.72% $12.12 34.2K Mar 28, 2025 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock granted in exchange for services pursuant to the Company's 2015 Equity Incentive Plan. The stock is 1/3 vested upon grant, 1/3 vested upon the first anniversary, and the remainder vests upon the second anniversary of grant.
F2 Restricted stock granted in exchange for services pursuant to the Company's 2024 Equity Incentive Plan. The stock is 1/3 vested upon grant, 1/3 vested upon the first anniversary, and the remainder vests upon the second anniversary of grant.
F3 Stock remitted by Mr. Spain to the Company for payment of withholding taxes for vested portion of grant.