Sheri Gardzina - May 21, 2021 Form 4 Insider Report for IMAC Holdings, Inc. (BACK)

Signature
/s/ Sheri Gardzina
Stock symbol
BACK
Transactions as of
May 21, 2021
Transactions value $
$0
Form type
4
Date filed
5/21/2021, 09:18 AM
Next filing
May 25, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BACK Common Stock Options Exercise +9.38K +98.94% 18.9K May 21, 2021 Direct F1
holding BACK Common Stock 100 May 21, 2021 By husband F2

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 BACK Time-Based Restricted Stock Units Options Exercise $0 -9.38K -33.33% $0.00 18.8K May 21, 2021 Common Stock 9.38K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents time-based restricted stock units ("RSUs") awarded by the Issuer on May 21, 2019, and vest over a period of four years in four equal annual installments, with 9,375 shares vesting on each of May 21, 2020, May 21, 2021, May 21, 2022 and May 21, 2023, and with full acceleration of vesting upon a change of control of the Issuer, in accordance with the terms of the Issuer's 2019 Incentive Compensation Plan and the form of restricted stock unit agreement with respect to such award.
F2 The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.