Patel Prashant 4
4 · TRXADE GROUP, INC. · Filed Dec 16, 2020
Insider Transaction Report
Form 4
Patel Prashant
DirectorCEO & President10% Owner
Transactions
- Sale
Common stock
2020-12-14$5.29/sh−7,500$39,703→ 1,260,000 total
Holdings
- 416,667(indirect: By Spouse)
Common stock
- 400,000(indirect: By Trust)
Common stock
Footnotes (2)
- [F1]The shares were sold pursuant to a 10b5-1 trading plan previously adopted by the Reporting Person, to satisfy the Reporting Person's tax liability in connection with the December 2020 vesting of certain restricted stock shares which were granted under the Company's 2019 Equity Incentive Plan, which award was exempt from Section 16(b) pursuant to Rule 16b-3.
- [F2]Represents the weighted sales price for all sales made on December 14, 2020, which were made in a range of between $5.22 and $5.34 per share. The Reporting Person will provide to the Commission, the Issuer or any stockholder, upon request, full information regarding the number of shares sold at each separate price.