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

Role: Chief Executive Officer
Signature: /s/ Mehul Patel
Stock symbol: MINM
Transactions as of: Aug 16, 2022
Transactions value $: $0
Form type: 4
Date filed: 8/17/2022, 04:12 PM
Previous filing: Apr 1, 2022

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	+100K	+91%	$0.00	210K	Aug 16, 2022	Common Stock	100K		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.