John David Finley - Jun 11, 2023 Form 4 Insider Report for PALISADE BIO, INC. (PALI)

Role
CEO, CFO, Director, Director
Signature
/s/ JD Finley
Stock symbol
PALI
Transactions as of
Jun 11, 2023
Transactions value $
$0
Form type
4
Date filed
6/13/2023, 06:43 PM
Previous filing
Apr 5, 2023
Next filing
Jun 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 PALI Restricted Stock Units Award $0 +66.7K $0.00 66.7K Jun 11, 2023 Common Stock 66.7K Direct F1, F2, F4
transaction PALI Common Stock Options Award $0 +149K $0.00 149K Jun 11, 2023 Common Stock 149K $1.60 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Grants were made as discretionary grants to the Reporting Person, from the Issuer's 2021 Equity Incentive Plan, as amended. Each grant vests in twelve (12) equal quarterly installments over a three (3) year period from the grant date, subject to Reporting Person continuing to be a service provider at the time of vesting.
F2 Each restricted stock unit represents the right to receive one share of common stock.
F3 Each option represents the right to purchase one share of common stock at the exercise price.
F4 N/A