Michael Mandarello - 25 Mar 2022 Form 4 Insider Report for Venus Concept Inc. (VERO)

Role
General Counsel
Signature
/s/Michael Mandarello
Issuer symbol
VERO
Transactions as of
25 Mar 2022
Net transactions value
$0
Form type
4
Filing time
28 Mar 2022, 13:39:53 UTC
Previous filing
17 Nov 2021
Next filing
12 Aug 2022
SEC
View on sec.gov

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 VERO Employee Stock Option (Right to Buy) Award $0 +56,250 $0.000000 56,250 25 Mar 2022 Common Shares 56,250 $1.38 Direct F1
transaction VERO Restricted Stock Units Award $0 +18,750 $0.000000 18,750 25 Mar 2022 Common Shares 18,750 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option vests with respect to 1/16th of the underlying Common Stock on each quarterly anniversary of the date of grant, subject to continued service through each applicable vesting date.
F2 The Reporting Person was granted restricted stock units ("RSUs") which represent a contingent right to receive one share of Common Stock for each RSU. The RSUs vest on March 25, 2023 provided the Reporting Person remains in continuous service on the vesting date.