Kannappan Lakshmanan 4
4 · Healthcare Triangle, Inc. · Filed Mar 21, 2023
Insider Transaction Report
Form 4
Kannappan Lakshmanan
Business Head
Transactions
- Disposition to Issuer
Common Stock
2020-05-27$0.00/sh+200,000$200→ 200,000 total
Holdings
- 50,000
Incentive Stock Option (right to buy)
Exercise: $0.40From: 2021-12-31Exp: 2031-01-01→ Common Stock (50,000 underlying) - 150,000
Incentive Stock Option (right to buy)
Exercise: $0.33From: 2023-03-20Exp: 2028-03-19→ Common Stock (150,000 underlying)
Footnotes (3)
- [F1]These shares were inadvertently omitted from the reporting person's original Form 3, and the subsequent Form 5 filed by the reporting person after the original Form 3 was filed.
- [F2]Incentive stock option granted on January 1, 2021 of which 25% vested on December 31, 2021, the remaining balance of which vests monthly over 36 months.
- [F3]Incentive stock option granted 03/20/2023 under the Company's 2020 Plan. All options expire within a 5-year period, with 50,000 options vesting immediately and another 100,000 options vesting equally over the next 36 months of the issuance herein, i.e., 2,778 options, every month.