Dustin Tacker - 21 Dec 2021 Form 3 Insider Report for MINIM, INC. (MINM)

Role
Interim Chief Acctng. Officer
Signature
/s/ Dustin Tacker
Issuer symbol
MINM
Transactions as of
21 Dec 2021
Net transactions value
$0
Form type
3
Filing time
30 Dec 2021, 05:15:21 UTC
Next filing
17 Aug 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
holding MINM Stock Option (right to buy) 21 Dec 2021 Common Stock 40,000 $2.70 Direct F1
holding MINM Stock Option (right to buy) 21 Dec 2021 Common Stock 10,000 $3.44 Direct F2
holding MINM Restricted Stock Unit 21 Dec 2021 Common Stock 21,186 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Incentive Stock Option granted 10/23/2020 under the Company's 2019 Stock Option Plan. The Option vests over a four-year period, with 1/4 vesting upon the first-year anniversary and 1/48th pro-rata vesting each month subsequent to the first-year anniversary.
F2 Incentive Stock Option granted 2/4/2021 under the Company's 20192 Stock Option Plan. The Option vests over a four-year period, with 1/4 vesting upon the first-year anniversary and 1/48th pro-rata vesting each month subsequent to the first-year anniversary.
F3 Each restricted stock unit represents a contingent right to receive one share of Minim common stock. The Restricted Stock Unit vests over a four-year period, with 1/4 vesting upon the first-year anniversary and 1/16th pro-rata vesting each quarter subsequent to the first-year anniversary.
F4 NA