Filing Details
- Accession Number:
- 0000921895-20-002101
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2020-08-05 16:50:21
- Reporting Period:
- 2020-08-05
- Accepted Time:
- 2020-08-05 16:50:21
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1697851 | Rekor Systems Inc. | REKR | () | 4 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1169337 | Alan Robert Berman | C/O Rekor Systems, Inc. 7172 Columbia Gateway Drive, Suite 400 Columbia MD 21046 | Chief Executive Officer | Yes | Yes | Yes | No |
1513361 | Avon Road Partners, L.p. | 10000 Town Center Ave Columbia MD 21044 | No | No | Yes | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Acquisiton | 2020-08-05 | 2,725,836 | $2.57 | 2,747,836 | No | 4 | P | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | P | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock | 3,337,104 | Indirect | By Avon Road Partners, L.P. |
Footnotes
- On August 5, 2020, Robert A. Berman (the "Reporting Person") entered into a Stock Purchase Agreement (the "Agreement") with James K. McCarthy (the "Seller") to purchase 2,725,836 shares of common stock of Rekor Systems Inc. (the "Common Stock") at a price of approximately $2.57 per share. The closing of the transaction is conditioned upon the Reporting Person's payment of: (i) $200,000 which amount has been received as of the date of the Agreement; and (ii) $6,800,000 no later than forty-five days from the date of the Agreement (the "Purchase Price"). Upon payment of the Purchase Price, the Seller shall transfer ownership of the Common Stock to the Reporting Person.
- The Reporting Person is the general partner of Avon Road Partners, L.P.