Michael Korenko - May 3, 2021 Form 4 Insider Report for VIVOS INC (RDGL)

Role
CEO AND PRESIDENT
Signature
/s/ Michael K. Korenko
Stock symbol
RDGL
Transactions as of
May 3, 2021
Transactions value $
$0
Form type
4
Date filed
5/7/2021, 02:22 PM
Next filing
May 11, 2021

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 RDGL Restricted Stock Units Award $0 +15M $0.00 15M May 3, 2021 Common Stock 15M Direct F1, F2
transaction RDGL Restricted Stock Units Award $0 +15M $0.00 15M May 3, 2021 Common Stock 15M Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of common stock.
F2 Represents grant of time based restricted stock units. The time based restricted stock units vest in three equal installments beginning on the date of the grant and on the two anniversaries of the grant date thereafter, subject to the Reporting P erson's continued employment. Unless the reporting person defers delivery of the Vested Shares, the Vested shares will be delivered to the Reporting P erson in equal installments in each calendar quarter following the vesting date.
F3 Represents grant of performance based restricted stock units. The performance based restricted stock units vest in three equal installments on the nine month, eighteen month, and twenty-seven month anniversaries of the grant date, based on achievement of certain performance goals and subject to the Reporting P erson's continued employment.