Dane R. Saglio - 17 Mar 2023 Form 4 Insider Report for BullFrog AI Holdings, Inc. (BFRG)

Signature
/s/ Dane R. Saglio
Issuer symbol
BFRG
Transactions as of
17 Mar 2023
Net transactions value
$0
Form type
4
Filing time
22 Mar 2023, 16:30:08 UTC
Previous filing
03 Mar 2023
Next filing
22 Jan 2024

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 BFRG Stock options (Right to buy) Award $0 +75,000 $0.000000 75,000 17 Mar 2023 Common stock 75,000 $2.80 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The options vest 1/3 upon issuance, 1/3 vesting in one year and 1/3 vesting in two years. As of March 17, 2023, 25,000 shares vested upon issuance.
F2 No incentive stock option shall be exercisable after the expiration of 10 years from the grant date. The options that vested on March 17, 2023 will expire on March 17, 2033.