4//SEC Filing
Wu Hui-Lan 4
Accession 0001654954-22-014266
CIK 0001014763other
Filed
Oct 25, 8:00 PM ET
Accepted
Oct 26, 9:48 PM ET
Size
12.3 KB
Accession
0001654954-22-014266
Insider Transaction Report
Form 4
Ainos, Inc.AIMD
Wu Hui-Lan
Chief Financial Officer
Transactions
- Award
RSU
2022-10-24+35,000→ 35,000 total→ COMMON (35,000 underlying) - Award
Common Stock
2022-08-09$3.40/sh+14,705$49,997→ 18,905 total(indirect: Daughter) - Award
Common Stock
2022-10-24$1.89/sh+133,333$251,999→ 144,533 total - Conversion
RSU
2022-10-24$1.89/sh−2,000,000$3,780,000→ 0 totalExercise: $1.89From: 2022-09-30→ COMMON (133,333 underlying)
Footnotes (6)
- [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, Yu-Huan 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 14,705 issued shares give effect to the Reverse Split.
- [F3]This reported transaction represents the settlement of 2,000,000 RSUs adjusted to 133,333 common stock after giving effect the Reverse Stock Split
- [F4]This reported transaction represents the conversion of 2,000,000 Restricted Stock Units (the "RSUs") adjusted to 133,333 shares giving effect to the Reverse Stock Split. The RSUs were originally granted pursuant to an employment Mandate Agreement dated March 17, 2022 (the "Mandate Agreement") under the Company's 2021 Stock Incentive Plan. The converted shares underlying the RSUs vested on September 30, 2022 and are may not be sold within 6 months of the grant date.
- [F5]This reported transaction represents the granting of 35,000 Restricted Stock Units (the "RSUs"). The RSUs were originally authorized pursuant to an employment Mandate Agreement dated March 17, 2022 (the "Mandate Agreement") and under the Company's 2021 Stock Incentive Plan. The RSUs will vest in increments of 15% on 4/24/23 and 10/24/23, 30% on 10/24/24 and 40% on 10/24/25, subject to normal and customary termination events.
- [F6]N/A
Documents
Issuer
Ainos, Inc.
CIK 0001014763
Entity typeother
Related Parties
1- filerCIK 0001901988
Filing Metadata
- Form type
- 4
- Filed
- Oct 25, 8:00 PM ET
- Accepted
- Oct 26, 9:48 PM ET
- Size
- 12.3 KB