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

Role
Chief Financial Officer
Signature
/s/ Dustin Tacker
Issuer symbol
MINM
Transactions as of
16 Aug 2022
Net transactions value
$0
Form type
4
Filing time
17 Aug 2022, 16:09:04 UTC
Previous filing
30 Dec 2021
Next filing
12 Jan 2023
SEC
View on sec.gov

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 +53,814 +254% $0.000000 75,000 16 Aug 2022 Common Stock 53,814 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.