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

Role
COO
Signature
/s/ Brad Michael Roberts
Issuer symbol
LFMD
Transactions as of
13 Jun 2023
Net transactions value
$0
Form type
4
Filing time
15 Jun 2023, 21:12:20 UTC
Previous filing
30 May 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LFMD Common Stock Award +150,000 +154% 247,632 13 Jun 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 -200,000 -100% 0 13 Jun 2023 Common Stock 200,000 $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.