Nicole Zheng - Dec 14, 2021 Form 4/A - Amendment Insider Report for MINIM, INC. (MINM)

Role
President & CMO
Signature
/s/ Nicole Zheng
Stock symbol
MINM
Transactions as of
Dec 14, 2021
Transactions value $
$0
Form type
4/A - Amendment
Date filed
2/22/2022, 03:05 PM
Date Of Original Report
Dec 16, 2021
Previous filing
Aug 26, 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 +84.7K +84.14% $0.00 185K Dec 14, 2021 Common Stock 84.7K Direct F1, F2, 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 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 The Form 4 filed on 12/16/2021, inadvertently gave the wrong number for the number of derivative securities beneficially owned following the reported transaction. This amendment fixes such error.
F3 Not Applicable.