Nicholas Georgette C. 4
4 · MIDWEST HOLDING INC. · Filed Dec 23, 2021
Insider Transaction Report
Form 4
Nicholas Georgette C.
Chief Executive Officer
Transactions
- Award
Employee Stock Option (Right to Buy)
2021-12-22+30,000→ 30,000 totalExercise: $16.37Exp: 2031-12-22→ Voting Common Stock (30,000 underlying)
Holdings
- 43,000
Employee Stock Option (Right to Buy)
Exercise: $41.25Exp: 2031-09-17→ Voting Common Stock (43,000 underlying)
Footnotes (2)
- [F1]The stock options will vest in seven equal installments beginning on November 19, 2022, subject to the terms of the Midwest Holding Inc. 2020 Long-Term Incentive Plan and related stock option agreement and the Reporting Person's continuous employment with the Company through the applicable vesting dates.
- [F2]The options vest in seven equal installments 60 days after the first seven anniversaries of the vesting start date (09/08/2021), subject to accelerated vesting under certain circumstances.