John David Finley - Jan 3, 2023 Form 4 Insider Report for PALISADE BIO, INC. (PALI)

Role
Chief Executive Officer
Signature
/s/ JD Finley
Stock symbol
PALI
Transactions as of
Jan 3, 2023
Transactions value $
$0
Form type
4
Date filed
1/6/2023, 06:42 PM
Previous filing
Sep 2, 2022
Next filing
Feb 8, 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 PALI Restricted Stock Units Award $0 +5.24K $0.00 5.24K Jan 3, 2023 Common Stock 5.24K Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a one-time retention grant to Reporting Person valued at $20,000 on the date of grant based on the closing price of the Issuer's common stock on the date of grant. Provided the Reporting Person is a service provider to the Issuer at the time of vesting, the RSU's will vest in equal quarterly amounts on 4/3/23, 7/3/23, 10/3/23, and 1/3/24.
F2 Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock. The restricted stock units were issued from the Issuer's 2021 Equity Incentive Plan.
F3 N/A