Miller Kenneth E 4
4 · KORU Medical Systems, Inc. · Filed Nov 17, 2023
Insider Transaction Report
Form 4
Miller Kenneth E
Chief Commercial Officer
Transactions
- Award
Option to buy Common Stock
2023-11-15+200,000→ 200,000 totalExercise: $2.18Exp: 2033-11-15→ Common Stock (200,000 underlying) - Award
Option to buy Common Stock
2023-11-15+200,000→ 400,000 totalExercise: $2.18Exp: 2033-11-15→ Common Stock (200,000 underlying)
Footnotes (2)
- [F1]Nonqualified stock options granted as an inducement to employment. Options vest in increments of 50,000 on the first anniversary of the date of grant and each anniversary thereafter until fully vested.
- [F2]Nonqualified stock options awards vest based on a schedule of the Company's net sales growth targets for each of the fiscal years ended 12/31/2024 through 12/31/2026.