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

Role: Chief Financial Officer
Signature: /s/ Andrew D. C. LaFrence
Issuer symbol: KRMD
Transactions as of: 10 Jul 2023
Net transactions value: $0
Form type: 3
Filing time: 18 Jul 2023, 20:47:04 UTC
Previous filing: 17 Mar 2022
Next filing: 18 Jul 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	KRMD	Common Stock						0	10 Jul 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							10 Jul 2023	Common Stock	300,000	$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.