Oded Levy - Dec 31, 2023 Form 4 Insider Report for Cardio Diagnostics Holdings, Inc. (CDIO)

Role
Director
Signature
/s/ Elisa Luqman as attorney-in-fact for Oded Levy
Stock symbol
CDIO
Transactions as of
Dec 31, 2023
Transactions value $
$0
Form type
4
Date filed
1/2/2024, 05:49 PM
Previous filing
Oct 4, 2023
Next filing
Feb 21, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CDIO Common Stock Options Exercise $12.5K +5.02K +8.69% $2.49 62.8K Dec 31, 2023 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CDIO Restricted Stock Units Purchase -$12.5K $0 Dec 31, 2023 Common Stock $12.5K $0.00 Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the settlement of restricted stock units (RSUs) that vested on December 31, 2023 through the issuance of shares of Common Stock.
F2 Each RSU is the economic equivalent of one share of Cardio Diagnostics Holdings, Inc. common stock. On December 31, 2023, $12,500 in value of RSUs vested and were settled at the price of $2.49, which was the closing price of the Company Common Stock on the vesting date. The settlement shares are reflected in Table I.
F3 On June 19, 2023, the reporting person was awarded $50,000 in value of RSUs, of which $12,500 in value vested on December 31, 2023.
F4 The RSUs were granted pursuant to the Issuers 2022 Equity Incentive Plan.