Pruitt Michael D 4
4 · IMAC Holdings, Inc. · Filed Jan 7, 2022
Insider Transaction Report
Form 4
Pruitt Michael D
Director
Transactions
- Exercise/Conversion
Common Stock
2022-01-01+50,000→ 101,250 total - Exercise/Conversion
Restricted Stock Unit
2022-01-01−50,000→ 0 total→ Common Stock (50,000 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of common stock of IMAC Holdings, Inc. (the "Company").
- [F2]On October 31, 2020, the Company granted Mr. Pruitt restricted stock units for 100,000 shares of the Company's common stock covering two years of service as a director, 50% vesting in four equal quarterly installments commencing on February 1, 2021 and 50% vesting on January 1, 2022, provided Mr. Pruitt remains a director of the Company. This Form 4 reflects the vesting of 50,000 shares of common stock on January 1, 2022.