Accession Number: | 0001179110-21-000457 |
Date: | 2021-01-07 |
Issuer: | ITERIS, INC. (ITI) |
Original Submission Date: |
MASSOUMI RAMIN M
1700 CARNEGIE AVE, SUITE 100
SANTA ANA, CA 92705
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
---|---|---|---|---|---|---|---|---|---|
COMMON STOCK | 2021-01-07 | M | 20,000 | a | $2.37 | 20,000 | direct | ||
COMMON STOCK | 2021-01-07 | S | 7,023 | d | $6.75 | 12,977 | direct | ||
COMMON STOCK | 2021-01-07 | 0 | $0.00 | 31,624 | indirect | ||||
COMMON STOCK | 2021-01-07 | 0 | $0.00 | 2,551 | indirect |
Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
---|---|---|---|---|---|---|---|---|---|---|---|---|
STOCK OPTION RIGHT TO BUY | 2.37 | 2021-01-07 | deemed execution date | M | 20,000 (d) | 2025-11-01 | common stock 20,000 | $2.37 | 0 | direct |
ID | footnote |
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f1 | the option vested in four equal successive annual installments upon participant's completion of each year of service over the four (4) year period measured from the vesting commencement date of 11/2/2015. |