Gerard van Kesteren - Oct 1, 2021 Form 4 Insider Report for JANEL CORP (JANL)

Role
Director
Signature
/s/ Gerard van Kesteren
Stock symbol
JANL
Transactions as of
Oct 1, 2021
Transactions value $
$0
Form type
4
Date filed
10/5/2021, 03:28 PM
Next filing
Feb 16, 2022

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 +2.5K $0.00 2.5K Oct 1, 2021 Common Stock 2.5K $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.