Leonard Osser - Jun 28, 2023 Form 4 Insider Report for MILESTONE SCIENTIFIC INC. (MLSS)

Role
Director
Signature
/s/ Leonard Osser
Stock symbol
MLSS
Transactions as of
Jun 28, 2023
Transactions value $
$100,000
Form type
4
Date filed
8/10/2023, 06:30 PM
Previous filing
Oct 11, 2022
Next filing
Aug 21, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MLSS Common Stock, Par Value $0.001 Award $100K +112K +2.49% $0.89 4.62M Jun 28, 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the annual fee paid to non-employee directors of $100,000, payable in restricted shares of the Company's common stock valued as of the close of business on the grant date of June 28, 2023, with one-fourth vesting upon the grant and the balance vesting in equal tranches over the next three quarters, October 1, 2023, January 1, 2024, and April 1, 2024.
F2 2,019,266 of these shares are issuable to the reporting person at the termination of employment.