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

Role: Chief Operating Officer, Director
Signature: /s/ Spencer Hall
Stock symbol: NEWH
Transactions as of: Apr 12, 2022
Transactions value $: $0
Form type: 4
Date filed: 4/13/2022, 06:27 PM
Previous filing: Jul 2, 2021

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		-50M	-100%		0	Apr 12, 2022	Common Stock	50M	$0.03	Direct	F1
transaction	NEWH	Option to purchase common stock	Award		+50M			50M	Apr 12, 2022	Common Stock	50M	$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 50,000,000 shares granted to the Reporting Person on February 18, 2021 in exchange for granting a new option of 50,000,000 shares under the Issuer's 2022 Equity Incentive Plan (the "New Option"). Of the 50,000,000 shares subject to the New Option, 19,444,446 are vested and exercisable and the remaining 30,555,554 will become exercisable in equal amounts over a twenty-two (22) month period.

Content

On April 12, 2022, the Issuer cancelled the option of 50,000,000 shares granted to the Reporting Person on February 18, 2021 in exchange for granting a new option of 50,000,000 shares under the Issuer's 2022 Equity Incentive Plan (the "New Option"). Of the 50,000,000 shares subject to the New Option, 19,444,446 are vested and exercisable and the remaining 30,555,554 will become exercisable in equal amounts over a twenty-two (22) month period.