Billy Joe White - May 23, 2022 Form 3 Insider Report for ProPhase Labs, Inc. (PRPH)

Role
Chief Financial Officer
Signature
/s/ Billy Joe White
Stock symbol
PRPH
Transactions as of
May 23, 2022
Transactions value $
$0
Form type
3
Date filed
5/23/2022, 04:05 PM
Previous filing
Dec 8, 2021
Next filing
May 1, 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
holding PRPH Stock Option (Right to Buy) May 23, 2022 Common Stock, par value $0.0005 400K $6.74 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Stock option granted as an inducement award. The option will vest over a four year period, with 12.5% vesting every six months after May 23, 2022, the date the Reporting Person's employment commenced, contingent upon his continued service through each vesting date.