Michael D. Pruitt - Jan 1, 2022 Form 4 Insider Report for IMAC Holdings, Inc. (BACK)

Role
Director
Signature
/s/ Michael D. Pruitt
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
Dec 29, 2021
Next filing
Mar 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BACK Common Stock Options Exercise +50K +97.56% 101K Jan 1, 2022 Direct F1

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, 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 common stock of IMAC Holdings, Inc. (the "Company").
F2 On October 31, 2020, the Company granted Mr. Pruitt 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. Pruitt remains a director of the Company. This Form 4 reflects the vesting of 50,000 shares of common stock on January 1, 2022.