Ervin Jeffrey S 4
4 · IMAC Holdings, Inc. · Filed May 21, 2021
Insider Transaction Report
Form 4
Ervin Jeffrey S
DirectorChief Executive Officer
Transactions
- Exercise/Conversion
Time-Based Restricted Stock Units
2021-05-21−37,500→ 75,000 total→ Common Stock (37,500 underlying) - Exercise/Conversion
Common Stock
2021-05-21+37,500→ 333,900 total
Footnotes (1)
- [F1]Represents time-based restricted stock units ("RSUs") awarded by the Issuer on May 21, 2019, and vest over a period of four years in four equal annual installments, with 37,500 shares vesting on each of May 21, 2020, May 21, 2021, May 21, 2022 and May 21, 2023, and with full acceleration of vesting upon a change of control of the Issuer, in accordance with the terms of the Issuer's 2019 Incentive Compensation Plan and the form of restricted stock unit agreement with respect to such award.