Philip Frank - Jan 27, 2023 Form 4 Insider Report for MINIM, INC. (MINM)

Role
Director
Signature
/s/ Philip Frank
Stock symbol
MINM
Transactions as of
Jan 27, 2023
Transactions value $
$35,475
Form type
4
Date filed
4/4/2023, 04:15 PM
Previous filing
Jan 12, 2023
Next filing
Apr 14, 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 MINM Restricted Stock Unit Award +50K +83.81% 110K Jan 27, 2023 Common Stock 50K Direct F2, F3
transaction MINM Common Stock Award +29.7K +98.87% 59.7K Dec 14, 2022 Common Stock 29.7K Direct F2, F3
transaction MINM Stock Options (Right to Buy) Award $20.3K +7.5K $2.70* 7.5K Jul 10, 2018 Common Stock 7.5K $2.70 Direct
transaction MINM Stock Options (Right to Buy) Award $15.2K +7.5K $2.03 7.5K Jul 10, 2020 Common Stock 7.5K $2.03 Direct
transaction MINM Stock Options (Right to Buy)1 Other $0 -7.5K -100% $0.00* 0 Jan 10, 2023 Common Stock 7.5K $2.15 Direct F1
transaction MINM Stock Option (Right to Buy)1 Other $0 -7.5K -100% $0.00* 0 Jan 10, 2023 Common Stock 7.5K $1.15 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Stock options expired without being exercised.
F2 Each restricted stock unit represents a contingent right to receive one share of Minim common stock
F3 Not applicable.

Remarks:

Note: The Restricted Stock Units were issued pursuant to the Company's Non-Employee Directors Compensation Plan