Dilantha Wijesuriya - Feb 8, 2023 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
Feb 8, 2023
Transactions value $
$0
Form type
4
Date filed
2/10/2023, 04:54 PM
Previous filing
Dec 22, 2022
Next filing
Feb 28, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ARC Common Stock Award $0 +35K +8.4% $0.00 452K Feb 8, 2023 Direct F1
transaction ARC Common Stock Tax liability $0 -4.76K -1.05% $0.00 447K Feb 9, 2023 Direct F2
holding ARC Common Stock 328K Feb 8, 2023 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) 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.