Joshua Horowitz - 23 Nov 2022 Form 4 Insider Report for MINIM, INC. (MINM)

Role
Director
Signature
/s/ Joshua Horowitz
Issuer symbol
MINM
Transactions as of
23 Nov 2022
Net transactions value
$0
Form type
4
Filing time
28 Nov 2022, 15:15:55 UTC
Previous filing
22 Nov 2022
Next filing
04 Jan 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MINM Common Stock Options Exercise +29,661 +407% 36,947 23 Nov 2022 Direct F1
transaction MINM Common Stock Award $0 +225,806 +611% $0.000000 262,753 23 Nov 2022 Direct F1
holding MINM Common Stock 1,286,489 23 Nov 2022 By Palm Global Small Cap Master Fund LP

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 MINM Restricted Stock Unit Options Exercise $0 -29,661 -100% $0.000000* 0 23 Nov 2022 Common Stock 29,661 Direct F1, F2
holding MINM Stock Option (Right to Buy) 15,000 23 Nov 2022 Common Stock 15,000 $2.03 Direct F3
holding MINM Stock Option (Right to Buy) 7,500 23 Nov 2022 Common Stock 7,500 $2.04 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Joshua Horowitz is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Restricted Stock Units convert into common stock on a one-for-one basis.
F2 On November 23, 2022, the vesting of the Restricted Stock Units was accelerated and immediately vested.
F3 Fully exercisable as of the grant date, July 9, 2020.
F4 Fully exercisable as of the grant date, July 13, 2020.

Remarks:

Note: The Restricted Stock Units were issued as part of Board of Director compensation.