Gregory J. Melsen - 01 Oct 2021 Form 4 Insider Report for JANEL CORP (JANL)

Role
Director
Signature
/s/ Gregory Melsen
Issuer symbol
JANL
Transactions as of
01 Oct 2021
Net transactions value
$0
Form type
4
Filing time
05 Oct 2021, 12:45:42 UTC
Next filing
03 Oct 2022
SEC
View on sec.gov

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 JANL Stock Option (Right to Buy) Award $0 +2,500 $0.000000 2,500 01 Oct 2021 Common Stock 2,500 $23.00 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Subject to the Reporting Person's continued service with the Company, 834 shares vest and become exercisable on October 1, 2022, 833 shares vest and become exercisable on October 1, 2023 and the remaining 833 shares vest and become exercisable on October 1, 2024.
F2 The shares were granted in consideration for the Reporting Person's services to the Company.