Bowdring Robert Joseph Jr 4
4 · INVO Bioscience, Inc. · Filed Oct 31, 2019
Insider Transaction Report
Form 4
Bowdring Robert Joseph Jr
Director
Transactions
- Other
Stock Option
2019-10-29+875,050→ 875,050 totalExercise: $0.29Exp: 2029-10-29→ Common Stock (875,050 underlying)
Footnotes (2)
- [F1]The option was granted in consideration of the Reporting Person's waiver of rights to certain accrued and unpaid salary amounts.
- [F2]The option vests upon the earlier of (i) the Issuer generating $1.5 million in revenue in fiscal 2020 or 2021 or (ii) the Issuer raising at least $2.5 million in an equity financing.