Philip Frank - 07 Apr 2023 Form 4 Insider Report for MINIM, INC. (MINM)

Role
Director
Signature
/s/ Philip Frank
Issuer symbol
MINM
Transactions as of
07 Apr 2023
Net transactions value
+$35,475
Form type
4
Filing time
14 Apr 2023, 07:30:28 UTC
Previous filing
04 Apr 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MINM COMMON STOCK Options Exercise +50,000 +84% 109,661 07 Apr 2023 Direct F2

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 Common Stock Award +29,661 +99% 59,661 14 Dec 2022 Common Stock 29,661 Direct F2, F3
transaction MINM Stock Options (Right to Buy) Award $20,250 +7,500 $2.70* 7,500 10 Jul 2018 Common Stock 7,500 $2.70 Direct
transaction MINM Stock Options (Right to Buy) Award $15,225 +7,500 $2.03 7,500 10 Jul 2020 Common Stock 7,500 $2.03 Direct
transaction MINM Stock Options (Right to Buy) Other $0 -7,500 -100% $0.000000* 0 10 Jan 2023 Common Stock 7,500 $2.15 Direct F1
transaction MINM Stock Option (Right to Buy) Other $0 -7,500 -100% $0.000000* 0 10 Jan 2023 Common Stock 7,500 $1.15 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Philip Frank is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

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:

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