Dilantha Wijesuriya - Dec 21, 2022 Form 4 Insider Report for ARC DOCUMENT SOLUTIONS, INC. (ARC)

Role
President and COO
Signature
/s/ Jorge Avalos, Attorney-in-Fact
Stock symbol
ARC
Transactions as of
Dec 21, 2022
Transactions value $
-$18,400
Form type
4
Date filed
12/22/2022, 05:38 PM
Previous filing
May 13, 2022
Next filing
Feb 10, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ARC Common Stock Options Exercise $341K +144K +35.6% $2.37 548K Dec 21, 2022 Direct
transaction ARC Common Stock Tax liability -$359K -131K -23.94% $2.74 417K Dec 21, 2022 Direct F1
holding ARC Common Stock 328K Dec 21, 2022 Wijesuriya Family Trust DTD 9/4/2002

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) Options Exercise $0 -144K -100% $0.00* 0 Dec 21, 2022 Common Stock 144K $2.37 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were withheld by the Issuer as payment for the exercise price and tax liability associated with the exercise of the Reporting Person's option.
F2 Option granted 2/21/2013. The shares subject to the option vested 25% on each of the first four anniversary dates of the date of grant.