Graham Chynoweth - Dec 14, 2021 Form 4 Insider Report for MINIM, INC. (MINM)

Signature
/s/ Graham Chynoweth
Stock symbol
MINM
Transactions as of
Dec 14, 2021
Transactions value $
$0
Form type
4
Date filed
12/16/2021, 05:42 PM
Previous filing
Dec 3, 2021
Next filing
Feb 22, 2022

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 MINM Restricted Stock Unit Award $0 +127K +179.05% $0.00 198K Dec 14, 2021 Common Stock 127K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of Minim common stock The Restricted Stock Unit were issued pursuant to the Company's Omnibus Incentive Compensation Plan and has a vesting schedule as follows: One-fourth (1/4) of the Units will be deemed to become "Vested Units" on the first anniversary of date of the transaction date and one-sixteenth (1/16) of the Units will become Vested Units on each quarterly anniversary of the transaction date thereafter.
F2 NA