Farid Anthony - Dec 10, 2021 Form 4 Insider Report for BRAIN SCIENTIFIC INC. (BRSF)

Signature
/s/ Farid Anthony
Stock symbol
BRSF
Transactions as of
Dec 10, 2021
Transactions value $
$0
Form type
4
Date filed
4/28/2022, 09:58 AM
Previous filing
Apr 28, 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 BRSF Options to Purchase Shares of Common Stock Award $0 +476K $0.00 476K Dec 30, 2021 Common Stock 476K $0.21 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The stock options were issued to Mr. Anthony pursuant to a Non-Qualified Stock Option Agreement, dated December 10, 2021. On December 30, 2021, Issuer and Mr. Anthony entered into an amended stock option agreement (the "Amendment") to include the following vesting schedule of the stock options: 119,048 options vested and became exercisable on March 31, 2022; 119,048 options shall become exercisable on June 30, 2022; 119,048 options shall become exercisable on September 30, 2022; and 119,046 options shall become exercisable on December 31, 2022.