Gael Forterre - Jun 1, 2024 Form 4 Insider Report for VOLITIONRX LTD (VNRX)

Signature
/s/ Gael Forterre
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 +8.94K +6.98% $0.00 137K Jun 1, 2024 Direct F1
holding VNRX Common Stock 5K Jun 1, 2024 By Spouse
holding VNRX Common Stock 32.5K Jun 1, 2024 By Armori Capital Management, LLC 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 8,944 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 2,982 units, 2,981 units, and 2,981 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 These shares of common stock are managed by Armori Capital Management, LLC ("Armori Capital"). Mr. Forterre is the managing director and sole shareholder of Armori Capital and has voting and dispositive control over the shares held by Armori Capital. Mr. Forterre disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.