Henry Carl Nisser - 14 Jun 2021 Form 3 Insider Report for Alzamend Neuro, Inc. (ALZN)

Signature
/s/ Henry Nisser
Issuer symbol
ALZN
Transactions as of
14 Jun 2021
Net transactions value
$0
Form type
3
Filing time
14 Jun 2021, 19:55:47 UTC
Next filing
24 Aug 2021

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 ALZN Options 14 Jun 2021 Common Stock 1,250,000 $1.50 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of the Issuer's Common Stock issuable upon the exercise of stock options (the "Options"), which are currently exercisable. Mr. Nisser was granted Options to purchase 1,250,000 shares of the Issuer's Common Stock, which Options vest ratably over four (4) years beginning on June 1, 2019. The Options are exercisable for a period of five (5) years at an exercise price of $1.50 per share. Of these Options, 677,083 shares of Common Stock are currently vested and exercisable.