Michael Mandarello - Aug 11, 2022 Form 4 Insider Report for Venus Concept Inc. (VERO)

Role
General Counsel
Signature
/s/ Michael Mandarello
Stock symbol
VERO
Transactions as of
Aug 11, 2022
Transactions value $
$0
Form type
4
Date filed
8/12/2022, 03:00 PM
Previous filing
Mar 28, 2022
Next filing
Nov 14, 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 VERO Employee Stock Option (Right to Buy) Award $0 +50K $0.00 50K Aug 11, 2022 Common Shares 50K $0.58 Direct F1
transaction VERO Restricted Stock Units Award $0 +12.5K $0.00 12.5K Aug 11, 2022 Common Shares 12.5K 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 August 11, 2023 provided the Reporting Person remains in continuous service on the vesting date.