4//SEC Filing
Wu Hui-Lan 4
Accession 0001654954-22-011096
CIK 0001014763other
Filed
Aug 11, 8:00 PM ET
Accepted
Aug 12, 6:01 AM ET
Size
9.5 KB
Accession
0001654954-22-011096
Insider Transaction Report
Form 4
Ainos, Inc.AIMD
Wu Hui-Lan
Chief Financial Officer
Transactions
- Award
RSU
2022-07-28$0.01/sh+2,000,000$20,000→ 2,000,000 totalFrom: 2022-09-30Exp: 2022-09-30→ Common Stock (2,000,000 underlying) - Award
Common Stock
2022-08-09$3.40/sh+14,705$49,997→ 18,905 total(indirect: Daughter)
Holdings
- 11,200
Common Stock
Footnotes (5)
- [F1]Yun-Huan Liao is Hui-Lan Wu's daughter
- [F2]Reference is made to that certain Convertible Note Purchase Agreement and Convertible Promissory Note ("Note") in the principal amount of $50,000 between the Issuer and the Reporting Person's daughter, Yun-Han Liao. The Note bears no interest, matures on March 30, 2027, and is subject to mandatory conversion at a conversion price of 80% of an initial property offering price (if the Issuer conducts an initial public offering). On 08/11/22, the Company completed a public offering at a $4.25 per unit price ("Offering") and a 15-for-1 reverse stock split on 08/08/22 ("Reverse Split"). Transaction reflects an acquisition price of $3.40 per share (80% of the Offering) and the issued shares give effect to the Reverse Split.
- [F3]Reference is made to the Restricted Stock Units (the "RSU") granted pursuant to an employment Mandate Agreement dated March 17, 2022 (the "Mandate Agreement") under the Company's 2021 Stock Incentive Plan. Each RSU represents a right to receive one (1) share of common stock upon vesting and the expiration of any applicable restricted period, or in the sole discretion of the Compensation Committee, the cash value thereof (or any combination thereof). Holders of RSUs have no rights or privileges as a stockholder. The shares underlying the RSUs will vest on September 30, 2022 and are may not be sold within 6 months of the grant date.
- [F4]Prior to the Reverse Split discussed herein the Reporting Person beneficially owned 168,000 shares of common stock of the Issuer and after the Reverse Split, the Reporting Person owned 11,200 common stock.
- [F5]Prior to the Reverse Split discussed herein the Reporting Person beneficially owned 63,000 shares of common stock of the Issuer and after the Reverse Split, and prior to the present issuances, 4,200 common stock. The amounts of securities beneficially owned in column 5 of this report is calculated from a post-split baseline of 4,200.
Documents
Issuer
Ainos, Inc.
CIK 0001014763
Entity typeother
Related Parties
1- filerCIK 0001901988
Filing Metadata
- Form type
- 4
- Filed
- Aug 11, 8:00 PM ET
- Accepted
- Aug 12, 6:01 AM ET
- Size
- 9.5 KB