Eric T. Bauer - Feb 24, 2022 Form 3 Insider Report for SHARPS COMPLIANCE CORP (SMED)

Role: EVP & Chief Financial Officer
Signature: Diana Diaz, on behalf of Reporting Person
Stock symbol: SMED
Transactions as of: Feb 24, 2022
Transactions value $: $0
Form type: 3
Date filed: 2/28/2022, 12:00 PM
Previous filing: Feb 23, 2022
Next filing: Aug 17, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	SMED	Restricted Stock Award						5.74K	Feb 24, 2022	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	SMED	Sharps Compliance 2010 Stock Plan Options							Feb 24, 2022	Common Stock	200K	$6.23	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	In connection with his appointment to Executive Vice President & Chief Financial Officer, Mr. Bauer will be issued 5,740 restricted stock awards to vest as follows: (i) 1,435 shares on February 24, 2023, (ii) 1,435 shares on February 24, 2024, (iii) 1,435 shares on February 24, 2025 and (iv) 1,435 shares on February 24, 2026.
F2	Mr. Bauer was granted options to purchase 200,000 shares of common stock under the Sharps Compliance 2010 Stock Plan which vests as follows: one-fourth on February 24, 2023, one-fourth on February 24,2024, one-fourth on February 24, 2025 and one-fourth on February 24, 2026. The exercise price of the stock is $6.23 according to the agreement. Upon a change in control, as defined in the 2010 Stock Plan, any unvested stock options become fully vested.

Content

In connection with his appointment to Executive Vice President & Chief Financial Officer, Mr. Bauer will be issued 5,740 restricted stock awards to vest as follows: (i) 1,435 shares on February 24, 2023, (ii) 1,435 shares on February 24, 2024, (iii) 1,435 shares on February 24, 2025 and (iv) 1,435 shares on February 24, 2026.

Mr. Bauer was granted options to purchase 200,000 shares of common stock under the Sharps Compliance 2010 Stock Plan which vests as follows: one-fourth on February 24, 2023, one-fourth on February 24,2024, one-fourth on February 24, 2025 and one-fourth on February 24, 2026. The exercise price of the stock is $6.23 according to the agreement. Upon a change in control, as defined in the 2010 Stock Plan, any unvested stock options become fully vested.