Rekor Systems, Inc. — Director's Dealing 2021

Sep 18, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Rekor Systems, Inc. (REKR)
CIK: 0001697851
Period of Report: 2021-09-16

Reporting Person: Hillman Rodney (COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-09-16	Common Stock	M	15000	$3.81	Acquired	85745	Direct
2021-09-16	Common Stock	S	5747	$10.0027	Disposed	79998	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-09-16	Employee Stock Option (right to buy)	$3.81	M	15000	Disposed	2027-11-09	Common Stock (15000)	Direct

Footnotes

F1: Includes 16,666 restricted stock units which vest in equal installments on February 21, 2022 and February 21, 2023, the second and third anniversaries of the grant date.

F2: Reflects a "sale to cover" transaction in connection with the reporting person's exercise of stock options to satisfy the payment of the exercise price of the stock options.

F3: This transaction was executed in multiple trades at prices ranging from $9.96 to $10.03. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide, upon request, to the SEC staff, the issuer or the security holders of the issuer full information regarding the number of shares and prices at which each transaction was effected.