Ruben Caballero - 09 Oct 2024 Form 4 Insider Report for Movano Inc. (MOVE)

Role
Director
Signature
/s/ Ruben Caballero by Mark R. Busch, attorney-in-fact
Issuer symbol
MOVE
Transactions as of
09 Oct 2024
Net transactions value
$0
Form type
4
Filing time
11 Oct 2024, 16:35:53 UTC
Previous filing
12 Apr 2024
Next filing
06 Jan 2025

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 MOVE Stock option (right to buy) Award $0 +130,000 $0.000000 130,000 09 Oct 2024 Common Stock 130,000 $0.3300 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The option award vests in full on January 2, 2025.