Michael Klein - Jul 15, 2021 Form 4 Insider Report for ICAD INC (ICAD)

Role
Chief Executive Officer, Director
Signature
/s/ Michael S. Klein
Stock symbol
ICAD
Transactions as of
Jul 15, 2021
Transactions value $
$0
Form type
4
Date filed
7/19/2021, 08:47 PM
Previous filing
Mar 9, 2023
Next filing
Dec 9, 2021

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
transaction ICAD Employee Stock Option (right to buy) Award $0 +55K $0.00 55K Jul 15, 2021 Common Stock 55K $18.00 Direct F1, F2
transaction ICAD Employee Stock Option (right to buy) Award $0 +80K $0.00 80K Jul 15, 2021 Common Stock 80K $17.55 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents options to purchase shares of common stock conditionally approved by the Board of Directors, subject to approval of an amendment to the Company's 2016 Stock Incentive Plan by the Company's stockholders, which approval was obtained at the Company's 2021 Annual Meeting of Stockholders held on July 15, 2021
F2 The shares underlying the option vest annually over a three-year period commencing one year from February 15, 2021, the date the award was conditionally approved by the Board of Directors.
F3 The shares underlying the option vest annually over a three-year period commencing one year from April 22, 2021, the date the award was conditionally approved by the Board of Directors.