Rekor Systems, Inc. — Director's Dealing 2023

Jan 25, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Rekor Systems, Inc. (REKR)
CIK: 0001697851
Period of Report: 2023-01-18

Reporting Person: BERMAN ROBERT ALAN (Director, Chief Executive Officer)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-01-18	Warrats (right to buy)	$2.00	P	1000000	Acquired	2028-01-18	Common Stock (1000000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1000219	Direct
Common Stock	2165104	Indirect

Footnotes

F1: Mr. Berman is the general partner of Avon Road.

F2: On January 18, 2023, the Issuer and the Reporting Person entered into a securities purchase agreement (the "Purchase Agreement") pursuant to which the Reporting Person acquired from the Issuer in a private placement: (i) $2,000,000 in principal amount of senior secured notes (the "Notes"); and (ii) warrants to purchase up to 1,000,000 shares of common stock with an exercise price of $2.00 per share (the "Warrants"). The aggregate subscription amount paid by the Reporting Person for the Notes and Warrants acquired by it pursuant to the Purchase Agreement was $2,000,000.