Mehul A. Patel - 16 Aug 2022 Form 4 Insider Report for MINIM, INC. (MINM)

Role: Chief Executive Officer
Signature: /s/ Mehul Patel
Issuer symbol: MINM
Transactions as of: 16 Aug 2022
Net transactions value: $0
Form type: 4
Filing time: 17 Aug 2022, 16:12:53 UTC
Previous filing: 01 Apr 2022
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	+100,000	+91%	$0.000000	209,890	16 Aug 2022	Common Stock	100,000		Direct	F1, F2

* 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.

Content

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.

Not applicable.