Milton H. Werner - Mar 7, 2022 Form 4 Insider Report for Inhibikase Therapeutics, Inc. (IKT)

Signature
/s/ Milton H. Werner
Stock symbol
IKT
Transactions as of
Mar 7, 2022
Transactions value $
$0
Form type
4
Date filed
3/21/2022, 04:05 PM
Previous filing
Jan 4, 2022
Next filing
May 23, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding IKT Common Stock 5.32M Mar 7, 2022 Direct

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 IKT Stock Option (right to buy) Award $0 +125K $0.00 125K Mar 7, 2022 Common Stock 125K $1.07 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 One-third of the options will vest and become exercisable on 3/7/2023, and the remaining portion will vest and become exercisable in 24 equal monthly installments commencing on the first day of April 2023, subject to continued employment through each such vesting date.
F2 The original Form 4, filed on March 9, 2022, is being amended by this Form 4 amendment solely to correct an error that misreported that the 24 equal monthly installments mentioned in footnote 1 would begin on the first day of April 2024, rather than the first day of April 2023 as intended.