Eric Harold Yecies - 15 Jun 2023 Form 4 Insider Report for LifeMD, Inc. (LFMD)

Role
General Counsel & CCO
Signature
/s/ Eric Harold Yecies
Issuer symbol
LFMD
Transactions as of
15 Jun 2023
Net transactions value
$0
Form type
4
Filing time
16 Jun 2023, 18:16:17 UTC
Previous filing
14 Jun 2023
Next filing
25 Mar 2024
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 +240% 212,500 15 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 15 Jun 2023 Common Stock 200,000 $7.55 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 with 12,500 vesting on June 15, 2023, 37,500 shares on November 20, 2023 and 100,000 shares on January 1, 2024 and performance shares to be reported on settlement. The options vested and became exercisable in equal monthly tranches, based on the passage of time, over the 36 months following November 20, 2020.