Mark T. Krial - Aug 26, 2021 Form 4 Insider Report for INFORMATION ANALYSIS INC (WAVD)

Role
Director
Signature
/s/ Matthew T. Sands
Stock symbol
WAVD
Transactions as of
Aug 26, 2021
Transactions value $
$235,000
Form type
4
Date filed
8/30/2021, 03:14 PM
Next filing
Dec 14, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WAVD Common Stock Award $100K +50K +71.43% $2.00 120K Aug 26, 2021 Direct F1

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 WAVD Warrant (right-to-buy) Award $135K +50K +125% $2.70* 90K Aug 26, 2021 Common Stock 50K $3.00 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Mr. Krial purchased 50,000 units in a private placement at $2.00 per unit. One unit equals 1 share common stock and a warrant to purchase 1 additional share common stock at $3.00 per share, expiring August 31, 2026.