4//SEC Filing
Ervin Jeffrey S 4
Accession 0000921895-20-001605
CIK 0001729944other
Filed
May 25, 8:00 PM ET
Accepted
May 26, 6:06 PM ET
Size
9.4 KB
Accession
0000921895-20-001605
Insider Transaction Report
Form 4
Ervin Jeffrey S
DirectorChief Executive Officer
Transactions
- Exercise/Conversion
Time-Based Restricted Stock Units
2020-05-21−37,500→ 112,500 total→ Common Stock (37,500 underlying) - Exercise/Conversion
Common Stock
2020-05-21+37,500→ 301,400 total - Tax Payment
Common Stock
2020-05-21$1.61/sh−10,000$16,100→ 291,400 total
Footnotes (3)
- [F1]Represents time-based restricted stock units ("RSUs") awarded by the Issuer on May 21, 2019, and vest over a period of four years in four equal annual installments, with 37,500 shares vesting on each of May 21, 2020, May 21, 2021, May 21, 2022 and May 21, 2023, and with full acceleration of vesting upon a change of control of the Issuer, in accordance with the terms of the Issuer's 2019 Incentive Compensation Plan and the form of restricted stock unit agreement with respect to such award. This vesting information corrects the vesting information previously filed in the Reporting Person's Form 4 filed on June 26, 2019.
- [F2]Represents number of shares withheld by the Issuer for the payment of taxes. No shares of Common Stock were sold by the Reporting Person in connection with this transaction. The Reporting Person will retain the net number of shares issued upon the settlement of the RSUs.
- [F3]Closing market price of the Issuer's Common Stock on the transaction date.
Documents
Issuer
IMAC Holdings, Inc.
CIK 0001729944
Entity typeother
Related Parties
1- filerCIK 0001762163
Filing Metadata
- Form type
- 4
- Filed
- May 25, 8:00 PM ET
- Accepted
- May 26, 6:06 PM ET
- Size
- 9.4 KB