Martin Charles Faulkes - Jul 14, 2021 Form 4 Insider Report for VOLITIONRX LTD (VNRX)

Role
Director
Signature
/s/ Martin Charles Faulkes
Stock symbol
VNRX
Transactions as of
Jul 14, 2021
Transactions value $
$0
Form type
4
Date filed
7/16/2021, 05:00 PM
Next filing
Sep 23, 2021

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 VNRX Stock Option (Right to Buy) Disposed to Issuer -40K -100% 0 Jul 14, 2021 Common Stock 40K $4.00 Direct F1
transaction VNRX Stock Option (Right to Buy) Award +40K 40K Jul 14, 2021 Common Stock 40K $4.00 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported transactions involved an amendment of outstanding options, resulting in the deemed cancellation of the "old" options and the grant of "replacement" options. The "old" options were originally granted on July 23, 2015, vested in full and were exercisable at 6 months from the date of grant, and as amended were exercisable for five years and six months from the date first exercisable. The "replacement" options are fully-vested and expire on July 23, 2025 (ten years from the date of grant).