Noel Knape - Apr 24, 2024 Form 4 Insider Report for MONOGRAM ORTHOPAEDICS INC (MGRM)

Signature
/s/ Noel Knape
Stock symbol
MGRM
Transactions as of
Apr 24, 2024
Transactions value $
$0
Form type
4
Date filed
4/26/2024, 03:28 PM
Previous filing
May 17, 2023

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 MGRM Stock Option Award $0 +25K +50% $0.00 75K Apr 24, 2024 Common Stock 25K $2.33 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The options were issued under the Company's 2019 Stock Option and Grant Plan.
F2 25% of the shares of Common Stock underlying the options will vest on the 1-year anniversary of the date of grant, and the remaining 75% of such shares shall vest in 12 equal 6-month installments over the next six years, becoming fully vested on April 24, 2030 (provided that Mr. Knape continues to have a service relationship with the Company as of the date of each vesting described herein).