Wesley S. Lobo - 16 Feb 2022 Form 4 Insider Report for NEPHROS INC (NEPH)

Role
Chief Marketing Officer
Signature
/s/ Ted Peilen as attorney-in-fact for Wesley S. Lobo pursuant to a power of attorney filed previously.
Issuer symbol
NEPH
Transactions as of
16 Feb 2022
Net transactions value
-$30,667
Form type
4
Filing time
18 Feb 2022, 16:03:01 UTC
Previous filing
03 Sep 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NEPH Common Stock Tax liability $30,667 -6,389 -15% $4.80 35,168 16 Feb 2022 Direct F1, F2

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
holding NEPH Stock Optoin (right to buy) 114,178 16 Feb 2022 Common Stock 114,178 $8.66 Direct F3
holding NEPH Stock Option (right to buy) 57,368 16 Feb 2022 Common Stock 57,368 $8.47 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person has elected to satisfy his tax withholding obligation in connection with the vesting of a prior restricted stock grant by directing the Company to withhold shares otherwise issuable upon vesting of the previously reported grant.
F2 Includes 15,000 shares of restricted stock for which the risk of forfeiture will lapse as to 5,000 shares on each of 2/16/23, 2/16/24 and 2/16/25.
F3 Options to purchase 28,545 shares vest on 2/16/22 and options to purchase 85,633 shares vest quarterly in 12 equal amounts commencing on 5/16/22.
F4 Options to purchase 14,342 shares vest on 9/1/22 and options to purchase 43,026 shares vest quarterly in 12 equal amounts commencing on 12/1/22.