Adams Thomas Edward 4
4 · KORU Medical Systems, Inc. · Filed Aug 3, 2023
Insider Transaction Report
Form 4
Adams Thomas Edward
Chief Financial Officer
Transactions
- Award
Options to Purchase Common Stock
2023-08-01+100,000→ 100,000 totalExercise: $2.54Exp: 2033-08-01→ Common Stock (100,000 underlying)
Holdings
- 200,000
Options to Purchase Common Stock
Exercise: $3.34Exp: 2031-12-01→ Common Stock (200,000 underlying)
Footnotes (2)
- [F1]Shares are subject to a 4 year vesting schedule. 25% of the Shares vest on the 1 year anniversary of the 12/01/2021 date of grant (the "Vesting Commencement Date"), and the remaining Shares vest as follows: 25% of the Shares at the end of each successive 12 month period following the Vesting Commencement Date.
- [F2]Nonqualified stock options granted pursuant to the Company's 2021 Omnibus Equity Incentive Plan. Options vest in increments of 25,000 on the first anniversary of the date of grant and each anniversary thereafter until fully vested.