George H. Scholl - Dec 31, 2022 Form 5 Insider Report for iSpecimen Inc. (ISPC)

Role
Director
Signature
/s/ George Scholl
Stock symbol
ISPC
Transactions as of
Dec 31, 2022
Transactions value $
$0
Form type
5
Date filed
2/10/2023, 06:44 PM
Previous filing
Feb 14, 2022
Next filing
Jan 13, 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
holding ISPC Common Stock 842K Dec 31, 2022 See Footnote F3
* 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.
F3 The indirect ownership consists of 841,981 shares of common stock owned by OBF Investments, LLC. Mr. Scholl is the President and Chief Executive Officer of OBF Investments, LLC.