Tharby Linda M 4
4 · REPRO MED SYSTEMS INC · Filed Apr 13, 2022
Insider Transaction Report
Form 4
Tharby Linda M
DirectorChief Executive Officer
Transactions
- Tax Payment
Common Stock
2022-03-04$3.03/sh−11,334$34,342→ 1,020,107 total - Award
Common Stock
2022-03-04$3.03/sh+31,441$95,266→ 1,031,441 total
Footnotes (3)
- [F1]Represents shares of common stock issued as a portion of the 2021 bonus paid in equity.
- [F2]Includes 150,000 in restricted stock awards that vest in 25% increments annually on 4/12/23, 4/12/24 and 4/12/25; 200,000 in restricted stock awards that vest based on a schedule of the Company's market capitalization prior to 3/15/27; and 600,000 in restricted stock awards that vest based on a schedule of the Company's net sales growth targets for each of the fiscal years ended 12/31/22 through 12/31/25.
- [F3]Represents shares of common stock withheld by the issuer in satisfaction of tax withholding obligations upon the issuance of common stock for the portion of the 2021 bonus paid in equity.