Jeffrey S. Ervin - May 21, 2022 Form 4 Insider Report for IMAC Holdings, Inc. (BACK)

Signature
/s/ Jeffrey S. Ervin
Stock symbol
BACK
Transactions as of
May 21, 2022
Transactions value $
$0
Form type
4
Date filed
5/25/2022, 04:56 PM
Previous filing
May 21, 2021
Next filing
Feb 14, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BACK Common Stock Options Exercise +37.5K +11.23% 371K May 21, 2022 Direct F1

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 BACK Time-Based Restricted Stock Unit Options Exercise $0 -37.5K -50% $0.00 37.5K May 21, 2022 Common Stock 37.5K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents time-based restricted stock units ("RSUs") awarded by the Issuer on May 21, 2019, and vest over a period of four years in four equal annual installments, with 37,500 shares vesting on each of May 21, 2020, May 21, 2021, May 21, 2022 and May 21, 2023, and with full acceleration of vesting upon a change of control of the Issuer, in accordance with the terms of the Issuer's 2019 Incentive Compensation Plan and the form of restricted stock unit agreement with respect to such award.