Dustin Tacker - Aug 16, 2022 Form 4 Insider Report for MINIM, INC. (MINM)

Role
Chief Financial Officer
Signature
/s/ Dustin Tacker
Stock symbol
MINM
Transactions as of
Aug 16, 2022
Transactions value $
$0
Form type
4
Date filed
8/17/2022, 04:09 PM
Previous filing
Dec 30, 2021
Next filing
Jan 12, 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
transaction MINM Restricted Stock Units Award $0 +53.8K +254.01% $0.00 75K Aug 16, 2022 Common Stock 53.8K Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of Minim common stock. The Restricted Stock Units were issued pursuant to the Company's Omnibus Incentive Compensation Plan and has a vesting schedule as follows: One-fourth of the Units will be deemed to become "Vested Units" on the first anniversary of the date of the transaction date and one-sixteenth (1/16) of the Units will become Vested Units on each quarterly anniversary of the transaction date thereafter.
F2 Not applicable.
F3 Does not include 50,000 stock options beneficially owned by the reporting person and previously reported on his Form 3.