Craig Sheehan - Jun 2, 2021 Form 4 Insider Report for Guardion Health Sciences, Inc. (GHSI)

Role
Chief Commercial Officer
Signature
/s/ Craig Sheehan
Stock symbol
GHSI
Transactions as of
Jun 2, 2021
Transactions value $
$0
Form type
4
Date filed
6/4/2021, 05:19 PM

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 +50K $0.00 50K Jun 2, 2021 Common Stock 50K $1.61 Direct F1
transaction GHSI Restricted Stock Units Award $0 +50K $0.00 50K Jun 2, 2021 Common Stock 50K 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.