Randy Joe Maddux - Dec 7, 2021 Form 4 Insider Report for iBio, Inc. (IBIO)

Signature
/s/ Randy Joe Maddux
Stock symbol
IBIO
Transactions as of
Dec 7, 2021
Transactions value $
-$25,444
Form type
4
Date filed
3/14/2022, 04:11 PM
Previous filing
Aug 25, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IBIO Common Stock Sale -$25.4K -37.2K -12.05% $0.68 272K Dec 7, 2021 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported on this Form 4 represent shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units ("RSUs"). The sale was to satisfy tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary transaction by the Reporting Person. The RSUs represent a contingent right to receive one share of common stock of iBio, Inc.
F2 These shares were sold in a single transaction at a price of $0.6832 per share.