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

Role
Director
Signature
/s/ Leonard Osser
Issuer symbol
MLSS
Transactions as of
28 Jun 2023
Net transactions value
+$100,000
Form type
4
Filing time
10 Aug 2023, 18:30:04 UTC
Previous filing
11 Oct 2022
Next filing
21 Aug 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MLSS Common Stock, Par Value $0.001 Award $100,000 +112,360 +2.5% $0.8900 4,619,695 28 Jun 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.