Home/Filings/4/0001161697-23-000576
4//SEC Filing

Miller Kenneth E 4

Accession 0001161697-23-000576

CIK 0000704440other

Filed

Nov 16, 7:00 PM ET

Accepted

Nov 17, 4:04 PM ET

Size

8.3 KB

Accession

0001161697-23-000576

Insider Transaction Report

Form 4
Period: 2023-11-15
Miller Kenneth E
Chief Commercial Officer
Transactions
  • Award

    Option to buy Common Stock

    2023-11-15+200,000200,000 total
    Exercise: $2.18Exp: 2033-11-15Common Stock (200,000 underlying)
  • Award

    Option to buy Common Stock

    2023-11-15+200,000400,000 total
    Exercise: $2.18Exp: 2033-11-15Common 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.

Issuer

KORU Medical Systems, Inc.

CIK 0000704440

Entity typeother

Related Parties

1
  • filerCIK 0001999516

Filing Metadata

Form type
4
Filed
Nov 16, 7:00 PM ET
Accepted
Nov 17, 4:04 PM ET
Size
8.3 KB