Stas Budagov - Jul 3, 2024 Form 4 Insider Report for QT IMAGING HOLDINGS, INC. (QTI)

Role
Chief Financial Officer
Signature
/s/ Stas Budagov
Stock symbol
QTI
Transactions as of
Jul 3, 2024
Transactions value $
$0
Form type
4
Date filed
7/9/2024, 08:43 PM
Previous filing
Mar 8, 2024

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 QTI Employee Stock Option (right to buy) Award $0 +325K $0.00 325K Jul 3, 2024 Common Stock 325K $0.75 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 One-third of the option will vest on February 15, 2025, and the remaining two thirds will vest in eight equal quarterly installments on each subsequent May 15, August 15, November 15 and February 15, such that the option will be fully vested on February 15, 2027, subject to the Reporting Person's continued service to the Issuer, through each vesting date.