Na Yeon Kim - Jul 27, 2023 Form 4 Insider Report for NeuroBo Pharmaceuticals, Inc. (NRBO)

Role
Director, 10%+ Owner
Signature
/s/ Phillip D. Torrence, by Power of Attorney
Stock symbol
NRBO
Transactions as of
Jul 27, 2023
Transactions value $
$0
Form type
4
Date filed
7/28/2023, 06:08 AM
Previous filing
Jul 28, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NRBO Common Stock Award $0 +87.5K +5997.26% $0.00 89K Jul 27, 2023 Direct F1, F2, F3
transaction NRBO Common Stock Award $0 +12.5K +14.05% $0.00 101K Jul 27, 2023 Direct F1, F4
holding NRBO Common Stock 4.67K Jul 27, 2023 Held by E&Investment Inc. F5
holding NRBO Common Stock 96.4K Jul 27, 2023 Held by The E&Healthcare Investment Fund II F3, F5
holding NRBO Common Stock 37.4K Jul 27, 2023 Held by The E&Healthcare Investment Fund No. 6 F3, F5
holding NRBO Common Stock 62.2K Jul 27, 2023 Held by The E&Healthcare Investment Fund No. 7 F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a grant of restricted stock units ("RSUs") issued to the reporting person under the Issuer's 2022 Equity Incentive Plan.
F2 50% of the RSUs vested immediately, and the remainder will vest in two equal installments on each subsequent anniversary of the date of grant, subject to continuing service.
F3 The share amount has been adjusted to reflect the reverse stock split effective on September 12, 2022 whereby each thirty shares issued and outstanding prior to the split were combined and converted into one share of common stock.
F4 Vests on the earlier of July 27, 2024 or the day prior to the Issuer's next annual meeting of stockholders occurring after the grant date, subject to continuing service.
F5 Ms. Kim is the Chief Executive Officer of E&Investment, Inc., which is the sole general partner of The E&Healthcare Investment Fund II, The E&Healthcare Investment Fund No. 6 and The E&Investment Healthcare Fund No. 7, and as such, has voting and investment control over the shares held by E&Investment and its affiliated funds. The reporting person disclaims beneficial ownership of the reported securities except to the extent of her pecuniary interest therein.