Ramona Seabaugh - Mar 16, 2022 Form 4 Insider Report for MedAvail Holdings, Inc. (MDVL)

Role
Chief Financial Officer
Signature
/s/ Ramona Seabaugh
Stock symbol
MDVL
Transactions as of
Mar 16, 2022
Transactions value $
$0
Form type
4
Date filed
3/18/2022, 07:22 PM
Previous filing
Feb 14, 2022
Next filing
Mar 3, 2023

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 MDVL Stock Option (Right to Buy) Award $0 +60K $0.00 60K Mar 16, 2022 Common Stock 60K $0.83 Direct F1
transaction MDVL Restricted Stock Units Award $0 +60K $0.00 60K Mar 16, 2022 Common Stock 60K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 12/48th of the Shares subject to the Option shall vest one year after March 16, 2022, and 1/48th of the Shares subject to the Option shall be scheduled to vest each month thereafter on the same day of the month as March 16, 2022 (or the last day of the month, if there is no corresponding day in a given month), in each case subject to the Recipient remaining a Service Provider (as defined in the Plan) through the applicable vesting date.
F2 Each restricted stock unit represents a contingent right to receive on share of MDVL common stock.
F3 One third (1/3rd) of the shares subject to the RSU shall be scheduled to vest on each of the one (1), two (2), and three (3) year anniversaries of March 1, 2022 such that the RSU shall be scheduled to become fully vested on the three (3) year anniversary of the Vesting Commencement Date, in each case subject to the Recipient remaining a Service Provider (as defined in the Plan) through the applicable vesting date.