Home/Filings/4/0001486189-23-000035
4//SEC Filing

Lau Stanley K. 4

Accession 0001486189-23-000035

CIK 0001870144other

Filed

Oct 3, 8:00 PM ET

Accepted

Oct 4, 12:15 PM ET

Size

21.8 KB

Accession

0001486189-23-000035

Insider Transaction Report

Form 4
Period: 2023-07-31
Transactions
  • Exercise/Conversion

    Common Stock

    2023-08-31$0.55/sh+3,637$2,00034,701 total
  • Exercise/Conversion

    Common Stock

    2023-07-31$1.21/sh+1,653$2,00031,064 total
  • Exercise/Conversion

    Common Stock

    2023-09-30$0.34/sh+5,882$2,00040,583 total
  • Exercise/Conversion

    Common Stock

    2023-09-30$0.34/sh+36,765$12,50077,348 total
  • Exercise/Conversion

    Restricted Stock Units

    2023-09-30
    Exercise: $0.00From: 2023-09-30Exp: 2024-01-31Common Stock
  • Exercise/Conversion

    Restricted Stock Units

    2023-07-31
    Exercise: $0.00From: 2023-07-31Exp: 2024-01-31Common Stock
  • Exercise/Conversion

    Restricted Stock Units

    2023-09-30
    Exercise: $0.00From: 2023-09-30Exp: 2023-12-31Common Stock
  • Exercise/Conversion

    Restricted Stock Units

    2023-08-31
    Exercise: $0.00From: 2023-08-31Exp: 2024-01-31Common Stock
Footnotes (11)
  • [F1]Represents the settlement of restricted stock units (RSUs), awarded for advisory services, which vested on July 31, 2023 through the issuance of shares of Common Stock.
  • [F10]Each RSU is the economic equivalent of one share of Cardio Diagnostics Holdings, Inc. common stock. On September 30, 2023, $12,500 in value of RSUs vested and were settled at the price of $0.34 which was the closing price of the Companys Common Stock on the vesting date. The settlement shares are reflected in Table I.
  • [F11]On June 19, 2023, the reporting person was awarded $50,000 in value of RSUs of which $12,500 vested on September 30, 2023. Subject to continued service with the Issuer on each respective vesting date, the remaining $12,500 in value of RSUs will vest on December 31, 2023, based on the closing price of the Issuers common stock on the vesting date.
  • [F2]Represents the settlement of RSUs, awarded for advisory services, which vested on August 31, 2023 through the issuance of shares of Common Stock
  • [F3]Represents the settlement of RSUs, awarded for advisory services, which vested on September 30, 2023 through the issuance of shares of Common Stock.
  • [F4]Represents the settlement of RSUs, awarded as director compensation, which vested on September 30, 2023 through the issuance of shares of Common Stock.
  • [F5]Each RSU is the economic equivalent of one share of Cardio Diagnostics Holdings, Inc. common stock. On July 31, 2023, $2,000 in value of RSUs vested and were settled at the price of $1.21, which was the closing price of the Company Common Stock on the vesting date. The settlement shares are reflected in Table I.
  • [F6]On July 1, 2023, the reporting person was awarded $24,000 in value of RSUs, $10,000 in value of which vested on July 1, 2023, $2,000 in value of which vested on July 31, 2023, $2,000 in value of which vested on August 31, 2023, and $2,000 in value of which vested on September 30, 2023. Subject to continued service with the Issuer on each respective vesting date, the RSUs will continue to vest as follows based on the closing price of the Issuers common stock on each respective vesting date: (i) $2,000 in value on October 31, 2023; (ii) $2,000 in value on November 30, 2023; (iii) $2,000 in value on December 31, 2023; and (iv) $2,000 in value on January 31, 2024.
  • [F7]The RSUs were granted pursuant to the Issuers 2022 Equity Incentive Plan.
  • [F8]Each RSU is the economic equivalent of one share of Cardio Diagnostics Holdings, Inc. common stock. On August 31, 2023, $2,000 in value of RSUs vested and were settled at the price of $0.5499, which was the closing price of the Companys Common Stock on the vesting date. The settlement shares are reflected in Table I.
  • [F9]Each RSU is the economic equivalent of one share of Cardio Diagnostics Holdings, Inc. common stock. On September 30, 2023, $2,000 in value of RSUs vested and were settled at the price of $0.34 which was the closing price of the Companys Common Stock on the vesting date. The settlement shares are reflected in Table I.

Issuer

Cardio Diagnostics Holdings, Inc.

CIK 0001870144

Entity typeother

Related Parties

1
  • filerCIK 0001950824

Filing Metadata

Form type
4
Filed
Oct 3, 8:00 PM ET
Accepted
Oct 4, 12:15 PM ET
Size
21.8 KB