Michael Korenko - Jun 7, 2021 Form 4 Insider Report for VIVOS INC (RDGL)

Role
CEO AND PRESIDENT
Signature
/s/ Michael K. Korenko
Stock symbol
RDGL
Transactions as of
Jun 7, 2021
Transactions value $
-$60,000
Form type
4
Date filed
6/8/2021, 07:58 PM
Previous filing
May 11, 2021
Next filing
Aug 10, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDGL Common Stock Options Exercise $60K +2.5M +30.89% $0.02 10.6M Jun 7, 2021 Direct
transaction RDGL Common Stock Tax liability -$60K -500K -4.72% $0.12 10.1M Jun 7, 2021 Direct

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 RDGL Stock Options Disposed to Issuer -16M -86.49% 2.5M Jun 7, 2021 Common Stock 16M $0.02 Direct F1, F2
transaction RDGL Stock Options Options Exercise -$60K -2.5M -100% $0.02 0 Jun 7, 2021 Common Stock 2.5M $0.02 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Stock options vested as follows: 25% on September 30, 2019; 50% based on performance metrics being met and certified by the Board of Directors effective September 30, 2019; and the remaining 25% on December 31, 2019.
F2 The reporting person irrevocably surrendered the options to the Issuer for no consideration.