Bret Scholtes - Jan 6, 2022 Form 4 Insider Report for Guardion Health Sciences, Inc. (GHSI)

Role: CEO and President, Director
Signature: /s/ Bret Scholtes
Stock symbol: GHSI
Transactions as of: Jan 6, 2022
Transactions value $: -$24,164
Form type: 4
Date filed: 6/16/2022, 04:10 PM
Previous filing: Sep 1, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GHSI	Common Stock	Tax liability	-$24.2K	-37.2K	-11.19%	$0.65	295K	Jan 6, 2022	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On January 6, 2021, the Registrant issued the Reporting Person 152,671 shares (the "Shares") of the Registrant's common stock pursuant to the Employment Agreement by and between the Registrant and the Reporting Person dated January 1, 2021 which Shares vested in full on January 6, 2022. The Reporting Person has elected to satisfy their tax withholding obligations upon the vesting of restricted stock by having the Registrant withhold a number of vested shares having a value on the date of vesting equal to the tax withholding obligation.

Content

On January 6, 2021, the Registrant issued the Reporting Person 152,671 shares (the "Shares") of the Registrant's common stock pursuant to the Employment Agreement by and between the Registrant and the Reporting Person dated January 1, 2021 which Shares vested in full on January 6, 2022. The Reporting Person has elected to satisfy their tax withholding obligations upon the vesting of restricted stock by having the Registrant withhold a number of vested shares having a value on the date of vesting equal to the tax withholding obligation.