Jacob Vincent Micallef - Jun 1, 2024 Form 4 Insider Report for VOLITIONRX LTD (VNRX)

Role: Chief Scientific Officer
Signature: /s/ Jacob Vincent Micallef
Stock symbol: VNRX
Transactions as of: Jun 1, 2024
Transactions value $: $0
Form type: 4
Date filed: 6/4/2024, 04:06 PM
Previous filing: Jan 26, 2024
Next filing: Aug 16, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	VNRX	Common Stock	Award	$0	+40.7K	+15.75%	$0.00	299K	Jun 1, 2024	Direct	F1
holding	VNRX	Common Stock						55K	Jun 1, 2024	By Spouse
holding	VNRX	Common Stock						38.1K	Jun 1, 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 June 1, 2024, the reporting person was awarded 40,709 restricted stock units ("RSUs") under the Issuer's 2015 Stock Incentive Plan in lieu of cash compensation that would otherwise have been owed to the reporting person. The RSUs partially vest in three installments of 13,570 units, 13,570 units, and 13,569 units on each of June 1, 2024, July 1, 2024 and August 1, 2024, respectively, are also subject to further time-based vesting in a single installment on May 1, 2025, and are generally subject to continued service throughout each applicable vesting date. 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.

Content

On June 1, 2024, the reporting person was awarded 40,709 restricted stock units ("RSUs") under the Issuer's 2015 Stock Incentive Plan in lieu of cash compensation that would otherwise have been owed to the reporting person. The RSUs partially vest in three installments of 13,570 units, 13,570 units, and 13,569 units on each of June 1, 2024, July 1, 2024 and August 1, 2024, respectively, are also subject to further time-based vesting in a single installment on May 1, 2025, and are generally subject to continued service throughout each applicable vesting date. 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.

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.