Lance Alstodt - Mar 18, 2024 Form 4 Insider Report for BioRestorative Therapies, Inc. (BRTX)

Role: President, CEO, COB, Director
Signature: /s/ Lance Alstodt
Stock symbol: BRTX
Transactions as of: Mar 18, 2024
Transactions value $: -$24,510
Form type: 4
Date filed: 3/20/2024, 04:36 PM
Previous filing: Feb 15, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BRTX	Common Stock	Tax liability	-$24.5K	-17.6K	-9.3%	$1.39	172K	Mar 18, 2024	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	BRTX	Stock Option						293K	Mar 18, 2024	Common Stock	293K	$5.08	Direct	F2
holding	BRTX	Stock Option						42.1K	Mar 18, 2024	Common Stock	42.1K	$5.08	Direct	F3
holding	BRTX	Stock Option						107K	Mar 18, 2024	Common Stock	107K	$2.91	Direct	F4
holding	BRTX	Stock Option						439K	Mar 18, 2024	Common Stock	439K	$1.45	Direct	F5

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

Explanation of Responses:

Id	Content
F1	Shares were withheld from vested stock grant to pay the associated withholding taxes.
F2	The option is currently exercisable.
F3	The option vests and becomes exercisable to the extent of 21,030 shares on November 4, 2021 and 21,029 shares in eight nearly equal quarterly installments beginning November 4, 2022 and continuing every three months thereafter until fully vested.
F4	The option vests and becomes exercisable to the extent of 53,381 shares on February 17, 2023 and 53,381 shares in eight nearly equal quarterly installments beginning February 17, 2024 and continuing every three months thereafter until fully vested.
F5	The option vests and becomes exercisable to the extent of 219,298 shares on February 13, 2024 and 219,298 shares in eight nearly equal quarterly installments beginning February 13, 2025 and continuing every three months thereafter until fully vested.