Benjamin Bielak - Dec 31, 2021 Form 5 Insider Report for iSpecimen Inc. (ISPC)

Signature
/s/ Benjamin Bielak
Stock symbol
ISPC
Transactions as of
Dec 31, 2021
Transactions value $
$22,147
Form type
5
Date filed
2/14/2022, 02:28 PM
Previous filing
Jun 16, 2021
Next filing
Jun 24, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ISPC Common Stock Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities $18.7K +18.7K $1.00 18.7K Jun 16, 2021 Direct
transaction ISPC Common Stock Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities $1.47K +1.47K +7.86% $1.00 20.1K Jul 2, 2021 Direct
transaction ISPC Common Stock Award +47.3K +235.36% 67.5K Jul 30, 2021 Direct F1, F2
transaction ISPC Common Stock Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities $282 +282 +0.42% $1.00 67.7K Sep 1, 2021 Direct
transaction ISPC Common Stock Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities $1.47K +1.47K +2.16% $1.00 69.2K Nov 29, 2021 Direct
transaction ISPC Common Stock Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities $282 +282 +0.41% $1.00 69.5K Nov 30, 2021 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares underlying certain restricted stock units ("RSUs"), each of which is a contingent right to receive one share of common stock at settlement subject to the terms and conditions set forth in the award of such RSUs by the Company to the Reporting Person pursuant to a Restricted Stock Unit Award Agreement (the "RSU Agreement "). The RSUs vest in five equal installments, on June 21, 2021, June 21, 2022, June21, 2023, June 21, 2024 and June 21,2025, Subject to the terms and conditions set forth in the RSU Agreement. 9,469 RSUs were settled for shares of common stock on June 21, 2021, and the Reporting Person was issued 9,469 shares of common stock.
F2 The RSUs were awarded as compensation to the Reporting Person for his service as an officer of the Company.