Jacob Vincent Micallef - 13 Oct 2022 Form 4 Insider Report for VOLITIONRX LTD (VNRX)

Signature
/s/ Jacob Vincent Micallef
Issuer symbol
VNRX
Transactions as of
13 Oct 2022
Net transactions value
$0
Form type
4
Filing time
14 Oct 2022, 16:02:52 UTC
Previous filing
20 Sep 2022
Next filing
20 Dec 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VNRX Common Stock Award $0 +6,825 +4.6% $0.000000 156,053 13 Oct 2022 Direct F1
holding VNRX Common Stock 35,000 13 Oct 2022 By Spouse
holding VNRX Common Stock 38,113 13 Oct 2022 By Borlaug Limited F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On October 4, 2022, the reporting person was awarded 39,000 restricted stock units under the Issuer's 2015 Stock Incentive Plan, subject to vesting upon the achievement of certain corporate performance goals on or prior to December 31, 2022 and June 30, 2023 and also subject to time-based vesting. Certain of the performance goals were met, resulting in the rights with respect to 6,825 restricted stock units vesting. The restricted stock units are further subject to a 3-year time-based vesting schedule, vesting in three equal installments of 2,275 units on each of October 4, 2023, October 4, 2024 and October 4, 2025, respectively. Upon vesting and settlement, the reporting person will receive a number of shares of common stock equal to the number of restricted stock units that have vested.
F2 The shares of common stock are held directly by Borlaug Limited. The reporting person is a controlling director of Borlaug Limited and has voting and dispositive control over the shares of common stock held by Borlaug Limited