Autoscope Technologies appoints Hallowell President/COO of ISS, declares $0.12 dividend

AUTOSCOPE TECHNOLOGIES CORP

Frank G. Hallowell appointed President & COO of Image Sensing Systems (ISS) effective Feb 1, 2022; remains CFO of Autoscope.
Annual salary $300,000; target bonus up to 25% of prior year salary; option to purchase 60,000 shares at $6.87.
Quarterly cash dividend of $0.12 per share declared, payable Feb 28, 2022 to shareholders of record Feb 21, 2022.

item 5.02 item 7.01 item 9.01

Executive movements

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Appointed

Frank G. Hallowell

President and Chief Operating Officer

AATC · AUTOSCOPE TECHNOLOGIES CORP

Effective: 2022-02-01
Filed: February 3, 2022, 6:59 PM ET

Effective on February 1, 2022, the Boards of Directors of Autoscope Technologies Corporation (“Autoscope”) and Image Sensing Systems, Inc. (“ISNS”), which is a wholly-owned subsidiary of Autoscope, appointed Francis (Frank) G. Hallowell as ISNS’s President and Chief Operating Officer.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Frank G. Hallowell was appointed as President and Chief Operating Officer at AUTOSCOPE TECHNOLOGIES CORP.

Action: appointed
Role: President and Chief Operating Officer

Exact text from the filing

Effective on February 1, 2022, the Boards of Directors of Autoscope Technologies Corporation (“Autoscope”) and Image Sensing Systems, Inc. (“ISNS”), which is a wholly-owned subsidiary of Autoscope, appointed Francis (Frank) G. Hallowell as ISNS’s President and Chief Operating Officer.

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Source: SEC EDGAR

accession 0000897101-22-000074

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