David Lee - Apr 12, 2022 Form 4 Insider Report for NewHydrogen, Inc. (NEWH)

Role
CEO, Acting CFO, Director
Signature
/s/ David Lee
Stock symbol
NEWH
Transactions as of
Apr 12, 2022
Transactions value $
$0
Form type
4
Date filed
4/13/2022, 06:24 PM
Previous filing
Jul 2, 2021
Next filing
Jun 16, 2023

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 NEWH Option to purchase common stock Disposed to Issuer -400M -100% 0 Apr 12, 2022 Common Stock 400M $0.03 Direct F1
transaction NEWH Option to purchase common stock Award +400M 400M Apr 12, 2022 Common Stock 400M $0.02 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On April 12, 2022, the Issuer cancelled the option of 400,000,000 shares granted to the Reporting Person on February 18, 2021 in exchange for granting a new option of 400,000,000 shares under the Issuer's 2022 Equity Incentive Plan (the "New Option"). Of the 400,000,000 shares subject to the New Option, 316,666,662 are vested and exercisable and the remaining 83,333,338 will become exercisable in equal amounts over a ten (10) month period.