Gael Forterre - 01 Sep 2024 Form 4 Insider Report for VOLITIONRX LTD (VNRX)

Signature
/s/ Gael Forterre
Issuer symbol
VNRX
Transactions as of
01 Sep 2024
Net transactions value
$0
Form type
4
Filing time
04 Sep 2024, 16:05:47 UTC
Previous filing
16 Aug 2024
Next filing
01 Oct 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VNRX Common Stock Award $0 +10,240 +6.7% $0.000000 162,610 01 Sep 2024 Direct F1
holding VNRX Common Stock 5,000 01 Sep 2024 By spouse
holding VNRX Common Stock 32,500 01 Sep 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 September 1, 2024, the reporting person was awarded 10,240 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 3,414 units, 3,413 units, and 3,413 units on each of September 1, 2024, October 1, 2024 and November 1, 2024, respectively, are also subject to further time-based vesting in a single installment on June 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.