Jacob Vincent Micallef - 24 Jan 2024 Form 4 Insider Report for VOLITIONRX LTD (VNRX)

Signature
/s/ Jacob Vincent Micallef
Issuer symbol
VNRX
Transactions as of
24 Jan 2024
Net transactions value
$0
Form type
4
Filing time
26 Jan 2024, 16:04:59 UTC
Previous filing
31 Aug 2023
Next filing
04 Jun 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VNRX Common Stock Award $0 +23,375 +9.9% $0.000000 258,515 24 Jan 2024 Direct F1
holding VNRX Common Stock 55,000 24 Jan 2024 By Spouse
holding VNRX Common Stock 38,113 24 Jan 2024 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 September 28, 2023, the reporting person was awarded 55,000 restricted stock units ("RSUs") 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, 2023 and June 30, 2024 and also subject to time-based vesting. Certain of the performance goals were met, resulting in the rights with respect to 23,375 RSUs vesting. The RSUs are further subject to a 3-year time-based vesting schedule, vesting in three installments of 7,792 units, 7,792 units, and 7,791 units on each of September 28, 2024, September 28, 2025 and September 28, 2026, respectively. Upon vesting and settlement, the reporting person will receive a number of shares of common stock equal to the number of RSUs 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