Ignacio Nunez - 22 Jun 2021 Form 4 Insider Report for Kiromic Biopharma, Inc. (KRBPQ)

Role
CHIEF OPERAT. AND MANUF. OFFI.
Signature
/s/ Ignacio Nunez
Issuer symbol
KRBPQ
Transactions as of
22 Jun 2021
Net transactions value
$0
Form type
4
Filing time
24 Jun 2021, 12:58:48 UTC
Previous filing
17 Jun 2021
SEC
View on sec.gov

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 KRBP Restricted Stock Units Award $0 +17,710 $0.000000 17,710 22 Jun 2021 Common Stock 17,710 Direct F1, F2
transaction KRBP Employee Stock Option (right to buy) Award $0 +147,038 $0.000000 147,038 22 Jun 2021 Common Stock 147,038 $8.47 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") is the economic equivalent of one share of Kiromic Biopharma, Inc. common stock.
F2 25% of the RSUs shall vest on each of September 30, 2021, December 31, 2021, March 31, 2022 and June 30, 2022.
F3 25% of the stock options shall vest on each of June 1, 2022, June 1, 2023 June 1, 2024 and June 1, 2025.