PETERSON MICHAEL L 4
4 · TRXADE GROUP, INC. · Filed Apr 15, 2020
Insider Transaction Report
Form 4
PETERSON MICHAEL L
Director
Transactions
- Award
Common stock
2020-04-14$6.12/sh+8,987$55,000→ 8,987 total
Footnotes (2)
- [F1]Shares of Restricted Common Stock were issued to the Reporting Person pursuant to the Issuer's 2019 Equity Incentive Plan and are subject to forfeiture. The shares vest at the rate of 1/4 of the shares on July 1 and October 1, 2020 and January 1 and April 1, 2021, subject to the Reporting Person's continued service to the Company on such vesting dates, and subject to the terms and conditions of a Restricted Shares Grant Agreement entered into by and between the Issuer and the Reporting Person. Exempt under Rule 16b-3(d).
- [F2]Issued to the Reporting Person in consideration for services rendered and agreed to be rendered to the Issuer as a member of the Board of Directors.