Steven Gullans - Dec 31, 2022 Form 5 Insider Report for iSpecimen Inc. (ISPC)

Role: Director
Signature: /s/ Steve Gullans
Stock symbol: ISPC
Transactions as of: Dec 31, 2022
Transactions value $: $0
Form type: 5
Date filed: 2/10/2023, 06:42 PM
Previous filing: Feb 14, 2022
Next filing: May 17, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ISPC	Common Stock	Award		+625	+25%		3.13K	Oct 1, 2022	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents shares underlying certain restricted stock units ("RSUs"), each of which is a contingent right to receive one share of common stock at settlement subject to the terms and conditions set forth in the award of such RSUs by the Issuer to the Reporting Person pursuant to a Restricted Stock Unit Award Agreement (the "RSU Agreement"). 625 RSUs vested in one installment on December 31, 2022 and were settled on January 3, 2023, subject to the terms and conditions set forth in the RSU Agreement and as a result, 625 shares of common stock were issued to the Reporting Person.
F2	The RSUs were awarded as compensation to the Reporting Person for his service as a director of the Company.

Content

Represents shares underlying certain restricted stock units ("RSUs"), each of which is a contingent right to receive one share of common stock at settlement subject to the terms and conditions set forth in the award of such RSUs by the Issuer to the Reporting Person pursuant to a Restricted Stock Unit Award Agreement (the "RSU Agreement"). 625 RSUs vested in one installment on December 31, 2022 and were settled on January 3, 2023, subject to the terms and conditions set forth in the RSU Agreement and as a result, 625 shares of common stock were issued to the Reporting Person.

The RSUs were awarded as compensation to the Reporting Person for his service as a director of the Company.