ACCESS Newswire Inc. — Director's Dealing 2022

Jan 25, 2022

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: ISSUER DIRECT CORP (ISDR)
CIK: 0000843006
Period of Report: 2022-01-24

Reporting Person: Pitoniak Timothy (N/A)

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Option to Purchase Common Stock	$26.00		Common Stock (30000)		Direct
Restricted Stock Units	$0		Common Stock (20000)		Direct

Footnotes

F1: This option to purchase common stock was granted on January 24, 2022 and vests as follows: over a four-year period at a rate of 7,500 shares of common stock underlying the option grant on the first, second, third and fourth anniversary of the date of grant. The closing price of the Issuer's common stock on January 24, 2022, the date of grant, was $26.00 per share. The Reporting Person must be an employee of the Issuer as of each vesting date. The option grant will expire on January 23, 2032. In the event of a Corporate Transaction (as defined in the Issuer's 2014 Equity Incentive Plan, as amended (the "Plan"), any unvested portion of the option grant will be immediately vested so long as the Reporting Person continues to be an employee of the Issuer at such time.

F2: These restricted stock units were granted January 24, 2022 and vest on January 24, 2025. The closing price of the Issuer's common stock on January 24, 2022, the date of grant, was $26.00 per share. The Reporting Person must be an employee of the Issuer as of the vesting date. In the event of a Corporate Transaction (as defined in the Plan), any unvested portion of the restricted stock units shall be immediately vested so long as the Reporting Person continues to be an employee of the Issuer at such time.