Banks Robert R. Jr. 4
4 · NEPHROS INC · Filed May 16, 2024
Insider Transaction Report
Form 4
NEPHROS INCNEPH
Banks Robert R. Jr.
DirectorPresident and CEO
Transactions
- Purchase
Common Stock
2024-05-16$2.24/sh+50,000$112,050→ 70,000 total - Award
Stock Option (right to buy)
2024-05-14+10,406→ 10,406 totalExercise: $2.14Exp: 2034-05-14→ Common Stock (10,406 underlying)
Holdings
- 357,165
Stock Option (right to buy)
Exercise: $1.44Exp: 2033-05-05→ Common Stock (357,165 underlying)
Footnotes (3)
- [F1]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.10 to $2.25, inclusive. The reporting person undertakes to provide Nephros Inc., any security holder of Nephros Inc., or the staff of the Securities and Exchange Commission upon request, full information regarding the number of shares purchased at each separate price within the set range set forth in this footnote.
- [F2]Options to purchase 89,291 shares vest on 5/5/24 and options to purchase 267,874 shares vest quarterly in 12 equal amounts commencing on 8/5/24.
- [F3]Options to purchase 2,601 shares vest on 5/14/25 and options to purchase the remaining 7,805 shares vest quarterly in 12 equal amounts commencing on 8/14/25.