Eric A. Adams - Nov 14, 2022 Form 4/A - Amendment Insider Report for InMed Pharmaceuticals Inc. (INM)

Role
President & CEO, Director
Signature
/s/ Mr. Eric A Adams
Stock symbol
INM
Transactions as of
Nov 14, 2022
Transactions value $
$0
Form type
4/A - Amendment
Date filed
11/18/2022, 06:34 PM
Date Of Original Report
Nov 15, 2022
Previous filing
Jun 2, 2022
Next filing
Dec 19, 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 INM Employee Stock Option (Right to Buy) Disposed to Issuer $0 -15K -52.63% $0.00 13.5K Nov 14, 2022 Common shares 15K $2.78 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The options were granted on 11/14/2022 and will vest as follows: 25% of stock options will vest 6 months after the date of Grant; 25% of stock options will vest 12 months after the date of the Grant; 25% stock options will vest 18 months after the date of the Grant; and 25% stock options will vest 24 months after the date of the Grant.
F2 On September 7, 2022, the Issuer's common stock was reverse split on a 1-for-25 basis. This number reflects that reverse stock split.
F3 On November 14, 2022, the reporting person reported the grant of an employee stock option to buy 15,000 shares of the Issuer's common stock at an exercise price of $2.78 per share. Such employee stock option was issued in error and has been cancelled. As of November 18, 2022, the reporting person beneficially owns 13,502 derivative securities of the Issuer.