Maurice E. Evans - Jan 1, 2022 Form 4 Insider Report for IMAC Holdings, Inc. (BACK)

Role: Director
Signature: /s/ Maurice E. Evans
Stock symbol: BACK
Transactions as of: Jan 1, 2022
Transactions value $: $0
Form type: 4
Date filed: 1/7/2022, 07:00 AM
Previous filing: Nov 3, 2021
Next filing: Oct 20, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BACK	Common Stock	Options Exercise		+50K	+80.1%		112K	Jan 1, 2022	Direct	F1
holding	BACK	Common Stock						130K	Jan 1, 2022	By: ELOS Sports and Entertainment, LLC	F2

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	BACK	Restricted Stock Unit	Options Exercise	$0	-50K	-100%	$0.00^*	0	Jan 1, 2022	Common Stock	50K		Direct	F1, F3

* 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 common stock of IMAC Holdings, Inc. (the "Company").
F2	Securities held by ELOS Sports and Entertainment, LLC ("ELOS"). Mr. Evans may be deemed to beneficially own the securities held by ELOS. Mr. Evans expressly disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
F3	On October 31, 2020, the Company granted Mr. Evans restricted stock units for 100,000 shares of the Company's common stock covering two years of service as a director, 50% vesting in four equal quarterly installments commencing on February 1, 2021, and 50% vesting on January 1, 2022, provided Mr. Evans remains a director of the Company. This Form 4 reflects the vesting of 50,000 shares of common stock on January 1, 2022.