LEE DAVID DONGHIE 4
4 · NewHydrogen, Inc. · Filed Apr 13, 2022
Insider Transaction Report
Form 4
LEE DAVID DONGHIE
DirectorCEO, Acting CFO
Transactions
- Disposition to Issuer
Option to purchase common stock
2022-04-12−400,000,000→ 0 totalExercise: $0.03Exp: 2028-02-18→ Common Stock (400,000,000 underlying) - Award
Option to purchase common stock
2022-04-12+400,000,000→ 400,000,000 totalExercise: $0.02Exp: 2029-04-12→ Common Stock (400,000,000 underlying)
Footnotes (1)
- [F1]On April 12, 2022, the Issuer cancelled the option of 400,000,000 shares granted to the Reporting Person on February 18, 2021 in exchange for granting a new option of 400,000,000 shares under the Issuer's 2022 Equity Incentive Plan (the "New Option"). Of the 400,000,000 shares subject to the New Option, 316,666,662 are vested and exercisable and the remaining 83,333,338 will become exercisable in equal amounts over a ten (10) month period.