Andrew D.C. LaFrence - Jul 10, 2023 Form 3 Insider Report for KORU Medical Systems, Inc. (KRMD)

Role: Chief Financial Officer
Signature: /s/ Andrew D. C. LaFrence
Stock symbol: KRMD
Transactions as of: Jul 10, 2023
Transactions value $: $0
Form type: 3
Date filed: 7/18/2023, 08:47 PM
Previous filing: Mar 17, 2022
Next filing: Jul 18, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	KRMD	Common Stock						0	Jul 10, 2023	Direct

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
holding	KRMD	Option to Purchase Shares of Common Stock							Jul 10, 2023	Common Stock	300K	$2.95	Direct	F1

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

Explanation of Responses:

Id	Content
F1	Shares are subject to a 4 year vesting schedule. 25% of the Shares vest on the 1 year anniversary of the 07/15/2023 date of grant (the "Vesting Commencement Date"), and the remaining Shares vest as follows: 25% of the Shares at the end of each successive 12 month period following the Vesting Commencement Date.