Brian Hannasch - Dec 28, 2023 Form 4 Insider Report for Neuraxis, INC (NRX)

Role
10%+ Owner
Signature
/s/ Griffin D. Foster, Attorney-in-fact for Brian P. Hannasch
Stock symbol
NRX
Transactions as of
Dec 28, 2023
Transactions value $
$2
Form type
4
Date filed
1/23/2024, 04:06 PM
Previous filing
Dec 13, 2023
Next filing
Jan 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NRX Common Stock Exercise of in-the-money or at-the-money derivative security $200 +40K +8.11% $0.01* 533K Dec 28, 2023 Direct
transaction NRX Common Stock Sale -$198 -76 -0.01% $2.61 533K Dec 28, 2023 Direct F1

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 NRX Warrant (right to purchase) Exercise of in-the-money or at-the-money derivative security $0 -40K -100% $0.00* 0 Dec 28, 2023 Common Stock 40K $0.01 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On December 28, 2023, the reporting person exercised a warrant to purchase 40,000 shares of Neuraxis, Inc. (the "Company") common stock for $0.005 a share. The reporting person paid the exercise price on a cashless basis, resulting in the Company withholding 76 of the warrant shares to pay the exercise price and issuing the reporting person the remaining 39,924 shares.