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Rekor Systems, Inc. — Director's Dealing 2020
Sep 16, 2020
33647_dirs_2020-09-16_6f24cfc5-c4c5-49b8-953e-56f645f1b5ff.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: 2020-09-16
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 |
|---|---|---|---|---|---|---|---|
| 2020-09-16 | Common Stock | J | 2725836 | — | Disposed | 22000 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 3315104 | Indirect |
| Common Stock | 2725836 | Indirect |
Footnotes
F1: On September 16, 2020, Robert A. Berman (the "Reporting Person") transferred his right to purchase 2,725,836 shares of common stock of Rekor Systems Inc. (the "Common Stock"), pursuant to a Stock Purchase Agreement (the "Agreement") with James K. McCarthy (the "Seller"), to Rekor Holdings LLC for no consideration. Pursuant to the terms of the Agreement, Rekor Holdings LLC purchased the shares of Common Stock from the Seller.
F2: The Reporting Person is the general partner of Avon Road Partners, L.P.
F3: The Reporting Person is the manager of Rekor Holdings LLC and maintains voting and dispositive power over the Common Stock. The Reporting Person disclaims beneficial ownership of the Common Stock reported herein, except to the extent of his pecuniary interest therein.