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

Role
Director
Signature
/s/ Joshua Horowitz
Stock symbol
MINM
Transactions as of
Nov 23, 2022
Transactions value $
$0
Form type
4
Date filed
11/28/2022, 03:15 PM
Previous filing
Nov 22, 2022
Next filing
Jan 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MINM Common Stock Options Exercise +29.7K +407.1% 36.9K Nov 23, 2022 Direct F1
transaction MINM Common Stock Award $0 +226K +611.16% $0.00 263K Nov 23, 2022 Direct F1
holding MINM Common Stock 1.29M Nov 23, 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 -29.7K -100% $0.00* 0 Nov 23, 2022 Common Stock 29.7K Direct F1, F2
holding MINM Stock Option (Right to Buy) 15K Nov 23, 2022 Common Stock 15K $2.03 Direct F3
holding MINM Stock Option (Right to Buy) 7.5K Nov 23, 2022 Common Stock 7.5K $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.