Louis C. Lucido - 24 Apr 2024 Form 4 Insider Report for BioCorRx Inc. (BICX)

Signature
/s/ Louis C. Lucido
Issuer symbol
BICX
Transactions as of
24 Apr 2024
Net transactions value
$0
Form type
4
Filing time
31 Jan 2025, 11:19:44 UTC
Previous filing
03 Apr 2024
Next filing
01 May 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BICX Common Stock, par value $0.001 Other $0 +460,477 +74% $0.000000 1,083,293 24 Apr 2024 Direct F1
transaction BICX Common Stock, par value $0.001 Award $0 +32,092 +3% $0.000000 1,115,385 31 Jul 2024 Direct F2
transaction BICX Common Stock, par value $0.001 Award $0 +55,559 +5% $0.000000 1,170,944 30 Aug 2024 Direct F3
transaction BICX Common Stock, par value $0.001 Award $0 +52,085 +4.4% $0.000000 1,223,029 30 Sep 2024 Direct F4
transaction BICX Common Stock, par value $0.001 Award $0 +15,625 +1.3% $0.000000 1,238,654 30 Sep 2024 Direct F5
transaction BICX Common Stock, par value $0.001 Award $0 +1,105,218 +89% $0.000000 2,343,872 14 Oct 2024 Direct F6
transaction BICX Common Stock, par value $0.001 Award $0 +55,556 +2.4% $0.000000 2,399,428 31 Oct 2024 Direct F7
transaction BICX Common Stock, par value $0.001 Award $0 +55,494 +2.3% $0.000000 2,454,922 29 Nov 2024 Direct F8
transaction BICX Common Stock, par value $0.001 Award $0 +43,860 +1.8% $0.000000 2,498,782 31 Dec 2024 Direct F9
transaction BICX Common Stock, par value $0.001 Award $0 +13,158 +0.53% $0.000000 2,511,940 31 Dec 2024 Direct F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were issued to Mr. Lucido pursuant to an exchange agreement by and between BioCorRx Inc. (the "Company") and Mr. Lucido dated April 24, 2024 (the "April 2024 Exchange Agreement"). Pursuant to the April 2024 Exchange Agreement, Mr. Lucido agreed to the exchange of a promissory note then outstanding in the amount of $446,426 and the accrued interest on such promissory note of $7,858 and director fees of $90,000 for 460,477 shares of the Company's common stock, par value $0.001 per share (the "Common Stock") at a price of $1.18 per share based on the underlying value of the Common Stock at the date of issuance.
F2 These shares were issued to Mr. Lucido pursuant the Service Agreement. As compensation for his services under the Service Agreement, Mr. Lucido shall be issued, upon the last day of each month during the term of the Service Agreement, the number of shares Common Stock equivalent to $16,667 as determined based on the average closing price on the three trading days immediately preceding the last day of such month. The average closing price on the three trading days immediately preceding the date of this transaction was $0.5193.
F3 These shares were issued to Mr. Lucido pursuant the Service Agreement. As compensation for his services under the Service Agreement, Mr. Lucido shall be issued, upon the last day of each month during the term of the Service Agreement, the number of shares Common Stock equivalent to $16,667 as determined based on the average closing price on the three trading days immediately preceding the last day of such month. The average closing price on the three trading days immediately preceding the date of this transaction was $0.30.
F4 These shares were issued to Mr. Lucido pursuant the Service Agreement. As compensation for his services under the Service Agreement, Mr. Lucido shall be issued, upon the last day of each month during the term of the Service Agreement, the number of shares Common Stock equivalent to $16,667 as determined based on the average closing price on the three trading days immediately preceding the last day of such month. The average closing price on the three trading days immediately preceding the date of this transaction was $0.32.
F5 These shares were issued to Mr. Lucido pursuant to a Director Agreement, dated March 1, 2019 (the "Director Agreement"), by and between the Company and Mr. Lucido. As compensation for his services, Mr. Lucido shall be issued, upon the last day of each fiscal quarter, provided Mr. Lucido is a member of the Board as of such date, the number of shares Common Stock equivalent to $5,000 as determined based on the average closing price on the three trading days immediately preceding the last day of such quarter. The average closing price on the three trading days immediately preceding the date of this transaction was $0.32.
F6 These shares were issued to Mr. Lucido pursuant to an exchange agreement by and between BioCorRx Inc. (the "Company") and Mr. Lucido dated October 14, 2024 (the "October 2024 Exchange Agreement"). Pursuant to the October 2024 Exchange Agreement, Mr. Lucido agreed to the exchange the aggregate amount of $387,6700 of director's fees and loans to a subsidiary of the Company for 1,105,218 shares of Common Stock at a price of $0.36 per share based on the underlying value of the Common Stock at the date of issuance.
F7 These shares were issued to Mr. Lucido pursuant the Service Agreement. As compensation for his services under the Service Agreement, Mr. Lucido shall be issued, upon the last day of each month during the term of the Service Agreement, the number of shares Common Stock equivalent to $16,667 as determined based on the average closing price on the three trading days immediately preceding the last day of such month. The average closing price on the three trading days immediately preceding the date of this transaction was $0.30.
F8 These shares were issued to Mr. Lucido pursuant the Service Agreement. As compensation for his services under the Service Agreement, Mr. Lucido shall be issued, upon the last day of each month during the term of the Service Agreement, the number of shares Common Stock equivalent to $16,667 as determined based on the average closing price on the three trading days immediately preceding the last day of such month. The average closing price on the three trading days immediately preceding the date of this transaction was $0.31.
F9 These shares were issued to Mr. Lucido pursuant the Service Agreement. As compensation for his services under the Service Agreement, Mr. Lucido shall be issued, upon the last day of each month during the term of the Service Agreement, the number of shares Common Stock equivalent to $16,667 as determined based on the average closing price on the three trading days immediately preceding the last day of such month. The average closing price on the three trading days immediately preceding the date of this transaction was $0.38.
F10 These shares were issued to Mr. Lucido pursuant to the Director Agreement. As compensation for his services, Mr. Lucido shall be issued, upon the last day of each fiscal quarter, provided Mr. Lucido is a member of the Board as of such date, the number of shares Common Stock equivalent to $5,000 as determined based on the average closing price on the three trading days immediately preceding the last day of such quarter. The average closing price on the three trading days immediately preceding the date of this transaction was $0.38.