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

Role
Chief Financial Officer
Signature
/s/ Ramona Seabaugh
Issuer symbol
N/A
Transactions as of
16 Mar 2022
Net transactions value
$0
Form type
4
Filing time
18 Mar 2022, 19:22:21 UTC
Previous filing
14 Feb 2022
Next filing
03 Mar 2023
SEC
View on sec.gov

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 +60,000 $0.000000 60,000 16 Mar 2022 Common Stock 60,000 $0.8300 Direct F1
transaction MDVL Restricted Stock Units Award $0 +60,000 $0.000000 60,000 16 Mar 2022 Common Stock 60,000 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.