Lee Hsin-Liang Christopher 4
4 · Ainos, Inc. · Filed Sep 17, 2024
Insider Transaction Report
Form 4
Ainos, Inc.AIMD
Transactions
- Award
Common Stock
2024-09-15$0.53/sh+3,357$1,779→ 3,357 total - Conversion
RSU
2024-09-15−3,357→ 19,019 total→ Common Stock (3,357 underlying) - Award
RSU
2024-09-15+22,376→ 22,376 total→ Common Stock (22,376 underlying)
Footnotes (1)
- [F1]Reference is made to 22,376 restricted stock units (RSUs) granted under the Ainos, Inc. 2023 Stock Incentive Plan on September 15, 2024. Each RSU represents a right to receive one (1) share of common stock upon vesting and the expiration of any applicable restricted period or, if approved, the cash value thereof (or any combination thereof). Holders of RSUs have no rights or privileges as stockholders. Except as otherwise agreed, if the Reporting Person's participation is terminated for any reason prior to the date that all of its RSUs have vested, all vesting rights shall cease and all unvested RSUs shall be forfeited for no consideration as of the date termination. Vesting dates related to the 22,376 RSUs are as follows: 15% on 9/15/24, 15% on 8/15/2025, 30% on 8/15/2026 and 40% on 8/15/27.