Brad Michael Roberts - Jun 13, 2023 Form 4 Insider Report for LifeMD, Inc. (LFMD)

Role
COO
Signature
/s/ Brad Michael Roberts
Stock symbol
LFMD
Transactions as of
Jun 13, 2023
Transactions value $
$0
Form type
4
Date filed
6/15/2023, 09:12 PM
Previous filing
May 30, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LFMD Common Stock Award +150K +153.64% 248K Jun 13, 2023 Direct F1

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 LFMD Employee Stock Option (Right to Buy) Disposed to Issuer -200K -100% 0 Jun 13, 2023 Common Stock 200K $7.50 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The options are being cancelled in exchange for 150,000 restricted shares vesting on January 1, 2024 and performance shares to be reported until settlement. 35,000 of the stock options vested on January 8, 2021, with the remaining stock options scheduled to vest in equal monthly tranches, based on the passage of time, over the following 30 months.