William Pickle - Aug 26, 2021 Form 4/A - Amendment 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 $: $305,500
Form type: 4/A - Amendment
Date filed: 8/30/2021, 03:24 PM
Date Of Original Report: Aug 30, 2021
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	$130K	+65K	+130%	$2.00	115K	Aug 26, 2021	Shares owned by William and Jean Pickle Trust under shared voting power and shared dispositive power	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	Warrants (right-to-buy)	Award	$176K	+65K	+162.5%	$2.70^*	105K	Aug 26, 2021	Common Stock	65K	$3.00	65,000 Warrants owned by William and Jean Pickle Trust under shared voting and dispositive powers

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Mr. Pickle purchased 65,000 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.