Christina Kay - May 25, 2023 Form 4 Insider Report for INTEGRATED BIOPHARMA INC (INBP)

Role
Co-Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Christina Kay
Stock symbol
INBP
Transactions as of
May 25, 2023
Transactions value $
$1,368,705
Form type
4
Date filed
9/21/2023, 03:41 PM
Previous filing
Nov 10, 2022
Next filing
Jun 1, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INBP Common Stock Award $1.36M +3.41M $0.40 3.41M May 25, 2023 As Co-Executor of the Estate of E Gerald Kay F1, F2
transaction INBP Common Stock Award $4.5K +50K +4.09% $0.09* 1.27M Sep 20, 2023 Direct F3

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 INBP Stock Option (right to buy) Award $0 +150K $0.00 150K May 25, 2023 Common Stock 150K $0.23 As Co-Executor of the Estate of E Gerald Kay F1, F4
transaction INBP Stock Option (right to buy) Award $0 +66.7K $0.00 66.7K May 25, 2023 Common Stock 66.7K $0.72 As Co-Executor of the Estate of E Gerald Kay F1, F5
transaction INBP Stock Option (right to buy) Award $0 +21.7K $0.00 21.7K May 25, 2023 Common Stock 21.7K $1.05 As Co-Executor of the Estate of E Gerald Kay F1
transaction INBP Stock Option (right to buy) Disposed to Issuer $0 -50K -20% $0.00 200K Sep 20, 2023 Common Stock 50K $0.09 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Date Ms. Kay was appointed Co-Executor of the Estate of E Gerald Kay.
F2 Closing price of the Issuer's Common Stock on March 20, 2023, date of transfer into the Estate of E Gerald Kay.
F3 50,000 common stock shares acquired upon exercise of stock option grant dated June 2, 2015.
F4 25,000 vested on May 24, 2019 and in 41,667 vested each May 24, 2020 and 2021 and 41,666 vested on May 24, 2022.
F5 33,334 vested on November 4, 2021, the one year anniversary of the grant date and 33,333 vested on November 4, 2022, the second year anniversary of the grant date.