Dana R. Brown - 10 Mar 2023 Form 4 Insider Report for ICAD INC (ICAD)

Role
President, CEO & Executive Chair, Director
Signature
/s/ Dana Brown
Issuer symbol
ICAD
Transactions as of
10 Mar 2023
Net transactions value
$0
Form type
4
Filing time
14 Mar 2023, 17:30:14 UTC
Previous filing
01 Feb 2023
Next filing
04 Apr 2023
SEC
View on sec.gov

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 +250,000 $0.000000 250,000 10 Mar 2023 Common Stock 250,000 $2.39 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 One-third (1/3) of the shares underlying the option vest after twelve months from March 10, 2023, the date the award was approved by the Company's Board of Directors, with the remainder vesting monthly over a two-year period thereafter.

Remarks:

President, CEO & Executive Chair