Michael D. McNeil - Apr 12, 2023 Form 4 Insider Report for Sanara MedTech Inc. (SMTI)

Signature
/s/ Michael D. McNeil
Stock symbol
SMTI
Transactions as of
Apr 12, 2023
Transactions value $
$6,000
Form type
4
Date filed
4/14/2023, 04:30 PM
Previous filing
Mar 21, 2023
Next filing
Feb 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMTI Common Stock Options Exercise $6K +1K +4.54% $6.00* 23K Apr 12, 2023 Direct

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 SMTI Employee Stock Option (right to buy) Options Exercise $0 -1K -100% $0.00* 0 Apr 12, 2023 Common Stock 1K $6.00 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Pursuant to the terms of the option award agreement, the option vested in full on March 15, 2019 in connection with the closing of the Share Exchange Agreement between the issuer and CGI Cellerate RX, LLC, which was deemed to be a change of control of the issuer.