Robert Matthew Lutz - 29 Aug 2022 Form 4 Insider Report for iBio, Inc. (IBIO)

Signature
/s/Robert Matthew Lutz
Issuer symbol
IBIO
Transactions as of
29 Aug 2022
Net transactions value
$0
Form type
4
Filing time
31 Aug 2022, 16:01:06 UTC
Previous filing
14 Mar 2022
Next filing
15 Nov 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 IBIO Stock Option (right to buy) Award $0 +400,000 $0.000000 400,000 29 Aug 2022 Common Stock 400,000 $0.2800 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These options vest as follows: 25% of the shares of common stock underlying the options granted will vest on the one-year anniversary of the grant date and after the one-year anniversary of the grant date, 6.25% of the shares of common stock underlying the options granted will vest for each additional three months of employment, provided that the reporting person remains employed by iBio, Inc.

Remarks:

Chief Financial & Business Officer and Principal Accounting Officer