Christine L. Jennings - May 27, 2021 Form 4 Insider Report for TRxADE HEALTH, INC (MEDS)

Role
Director
Signature
/s/ Christine L. Jennings
Stock symbol
MEDS
Transactions as of
May 27, 2021
Transactions value $
$41,247
Form type
4
Date filed
6/4/2021, 04:38 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MEDS Common stock Award $41.2K +10.9K $3.78 10.9K May 27, 2021 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares of Restricted Common Stock were issued to the Reporting Person pursuant to the Issuer's Amended and Restated 2019 Equity Incentive Plan and are subject to forfeiture. The shares vest at the rate of 1/3 of the shares on October 1, 2021 and January 1 and April 1, 2022, subject to the Reporting Person's continued service to the Company on such vesting dates, and subject to the terms and conditions of a Restricted Shares Grant Agreement entered into by and between the Issuer and the Reporting Person. Exempt under Rule 16b-3(d).
F2 Issued to the Reporting Person in consideration for services rendered and agreed to be rendered to the Issuer as a member of the Board of Directors.