MCNALLY ROBERT T. - 01 Aug 2023 Form 4 Insider Report for GeoVax Labs, Inc. (GOVX)

Role
Director
Signature
/s/ Robert McNally
Issuer symbol
GOVX
Transactions as of
01 Aug 2023
Net transactions value
$0
Form type
4
Filing time
14 Aug 2023, 16:52:44 UTC
Previous filing
08 Dec 2021
Next filing
14 Aug 2024

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 GOVX Stock Option Award $0 +50,000 $0.000000 50,000 01 Aug 2023 Common Stock 50,000 $0.7550 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This stock option was granted on December 7, 2022, with the exercise price set based on the closing price of the underlying common stock as of that date. The stock option was granted contingent upon stockholder approval of an increase in common shares reserved for the company's stock incentive plan. Such approval occurred on August 1, 2023, so that is the date upon which the stock option is deemed granted pursuant to SEC reporting guidance.