Timothy J. Scannell - Jun 1, 2022 Form 4 Insider Report for AeroClean Technologies, Inc. (MKUL)

Role
Director
Signature
/s/ Ryan Tyler, attorney-in-fact for Mr. Scannell
Stock symbol
MKUL
Transactions as of
Jun 1, 2022
Transactions value $
$0
Form type
4
Date filed
6/9/2022, 05:00 PM
Previous filing
May 26, 2022
Next filing
Jun 10, 2022

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 MKUL Restricted Stock Units Award $0 +55.3K $0.00 55.3K Jun 1, 2022 Common Stock 55.3K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of AERC common stock.
F2 The restricted stock units vest in three equal annual installments beginning June 1, 2023. Any unvested restricted stock units will vest in full immediately prior to the consummation of a change in control (as defined in the award agreement).