Craig Sheehan - 02 Jun 2021 Form 4 Insider Report for Guardion Health Sciences, Inc.

Role
Chief Commercial Officer
Signature
/s/ Craig Sheehan
Issuer symbol
N/A
Transactions as of
02 Jun 2021
Net transactions value
$0
Form type
4
Filing time
04 Jun 2021, 17:19:09 UTC
SEC
View on sec.gov

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 GHSI Employee Stock Option (right to buy) Award $0 +50,000 $0.000000 50,000 02 Jun 2021 Common Stock 50,000 $1.61 Direct F1
transaction GHSI Restricted Stock Units Award $0 +50,000 $0.000000 50,000 02 Jun 2021 Common Stock 50,000 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 33.3% of the stock options shall vest on June 30, 2022, 33.3% of the stock options shall vest on June 30, 2023 and the remainder of the stock options shall vest on June 30, 2024.
F2 Each restricted stock unit ("RSU") represents a contingent right to receive one share of GHSI common stock.
F3 33.3% of the RSUs shall vest on June 30, 2022, 33.3% of the stock options shall vest on June 30, 2023 and the remainder of the stock options shall vest on June 30, 2024. Vested shares will be delivered to the reporting person within 30 calendar days following the date on which such RSU becomes vested.