David Donghie Lee - 29 Jun 2021 Form 4 Insider Report for NewHydrogen, Inc. (NEWH)

Role
CEO, Acting CFO, Director
Signature
/s/ David Lee
Issuer symbol
NEWH
Transactions as of
29 Jun 2021
Net transactions value
$0
Form type
4
Filing time
02 Jul 2021, 16:05:58 UTC
Previous filing
11 May 2021
Next filing
13 Apr 2022
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 NEWH Option to purchase common stock Disposed to Issuer -400,000,000 -100% 0 29 Jun 2021 Common Stock 400,000,000 $0.0910 Direct F1
transaction NEWH Option to purchase common stock Award +400,000,000 400,000,000 29 Jun 2021 Common Stock 400,000,000 $0.0280 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported transactions involved an amendment of an outstanding Option to reduce the exercise price. The option was originally granted on February 18, 2021. Half of the Option vested on grant and the remaining half is exercisable in equal amounts over a twenty-four (24) month period during the term of the Reporting Person's employment with the Issuer.