WEI PAO-SHENG 4
4 · Ainos, Inc. · Filed Apr 12, 2023
Insider Transaction Report
Form 4
Ainos, Inc.AIMD
WEI PAO-SHENG
Director
Transactions
- Award
COMMON STOCK
2023-04-10$0.90/sh+7,333$6,600→ 7,333 total - Conversion
RSU
2023-04-10$0.90/sh−7,333$6,600→ 14,667 totalExercise: $0.90From: 2023-01-31Exp: 2031-10-06→ Common Stock (7,333 underlying)
Footnotes (1)
- [F1]This reported transaction represents the conversion of 110,000 Restricted Stock Units (the "RSUs") adjusted to 7,333 shares giving effect to the Reverse Stock Split. Reference is made to the 2021 Director Compensation Policy with respect to non-employee directors and the 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. Vesting dates related to the RSUs are listed below: Vesting Date 1: 7,333 shares common stock on the last day of the 6 month period from the grant date. Vesting Date 2: 7,333 shares common stock from18 months after grant date. Vesting Date 3: 7,334 shares common stock from 30 months after grant date.