Douglas Groves - Nov 16, 2022 Form 4 Insider Report for ITERIS, INC. (ITI)

Role
Senior Vice President & CFO
Signature
/s/ Donald R. Reynolds, Attorney-in-Fact for Douglas Groves
Stock symbol
ITI
Transactions as of
Nov 16, 2022
Transactions value $
$0
Form type
4
Date filed
11/17/2022, 03:20 PM
Previous filing
Feb 10, 2022
Next filing
Dec 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ITI Common Stock Options Exercise $0 +6.23K +102.08% $0.00 12.3K Nov 16, 2022 Direct F1
holding ITI Common Stock 15K Nov 16, 2022 Groves Family Trust

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 ITI Restricted Stock Units Options Exercise $0 -6.23K -50% $0.00 6.22K Nov 16, 2022 Common Stock 6.23K $0.00 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares become payable upon events established by the reporting person in accordance with the Iteris, Inc. Non-Qualified Deferred Compensation Plan.
F2 Each restricted stock unit represents a contingent right to receive one share of common stock upon the vesting date.
F3 On November 16, 2020, the reporting person was granted 12,449 restricted stock units, vesting 50% on November 16, 2022 and 50% on November 16, 2023.