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Rekor Systems, Inc. — Director's Dealing 2020
Dec 18, 2020
33647_dirs_2020-12-18_9ea7689b-ef70-47c7-b257-6ac3c2b45b84.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Rekor Systems, Inc. (REKR)
CIK: 0001697851
Period of Report: 2020-12-16
Reporting Person: BERMAN ROBERT ALAN (Director, Chief Executive Officer, 10% Owner)
Reporting Person: Avon Road Partners, L.P. (10% Owner)
Reporting Person: Rekor Holdings LLC (10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-12-16 | Common Stock | G | 375000 | — | Disposed | 2940104 | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 22000 | Direct |
| Common Stock | 2725836 | Indirect |
Footnotes
F1: Each of the reporting persons disclaims beneficial ownership of the Common Stock (as defined below) reported herein, except to the extent of his or its pecuniary interest therein.
F2: Avon Road Partners, L.P. ("Avon Road") transferred 375,000 shares of common stock of Rekor Systems, Inc. (the "Common Stock") to a trust of which Avon Road is a beneficiary, but has no investment control over the securities held by the trust. The reporting persons no longer have a beneficial ownership in the transferred shares.
F3: Mr. Berman is the general partner of Avon Road Partners, L.P.
F4: Mr. Berman is the manager of Rekor Holdings LLC and maintains voting and dispositive power over the Common Stock.