Felipe Duran - Feb 13, 2023 Form 3 Insider Report for iBio, Inc. (IBIO)

Role: Interim CFO
Signature: /s/ Felipe Duran
Stock symbol: IBIO
Transactions as of: Feb 13, 2023
Transactions value $: $0
Form type: 3
Date filed: 2/14/2023, 08:14 AM
Next filing: Apr 3, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	IBIO	Common Stock (RSU)						2.13K	Feb 13, 2023	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	IBIO	Stock Option (Right to Buy)	Feb 13, 2023	Common Stock	2.8K	$32.25	Direct	F2
holding	IBIO	Stock Option (Right to Buy)	Feb 13, 2023	Common Stock	1K	$31.50	Direct	F2
holding	IBIO	Stock Option (Right to Buy)	Feb 13, 2023	Common Stock	12K	$7.00	Direct	F2

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

Explanation of Responses:

Id	Content
F1	Consists of 2,133 shares of iBio, Inc. (the "Company") common stock, $0.001 par value per share (the "Common Stock") represented by 2,133 restricted stock units ("RSUs") granted under the Company's 2020 Omnibus Equity Incentive Plan, (the "2020 Plan"). Each RSU represents a contingent right to receive one share of Common Stock. These RSUs will vest in even increments on the first three anniversaries of grant, subject to the conditions of the Plan and grant agreement.
F2	25% of options granted will vest one year following the grant date; and after one year following the grant date, 6.25% of the options granted will vest for each additional 3 months of employment, subject to the conditions of the Plan and grant agreement.

Content

Consists of 2,133 shares of iBio, Inc. (the "Company") common stock, $0.001 par value per share (the "Common Stock") represented by 2,133 restricted stock units ("RSUs") granted under the Company's 2020 Omnibus Equity Incentive Plan, (the "2020 Plan"). Each RSU represents a contingent right to receive one share of Common Stock. These RSUs will vest in even increments on the first three anniversaries of grant, subject to the conditions of the Plan and grant agreement.

25% of options granted will vest one year following the grant date; and after one year following the grant date, 6.25% of the options granted will vest for each additional 3 months of employment, subject to the conditions of the Plan and grant agreement.