David Lee - Jun 15, 2023 Form 4 Insider Report for NewHydrogen, Inc. (NEWH)

Signature
/s/ David Lee
Stock symbol
NEWH
Transactions as of
Jun 15, 2023
Transactions value $
$0
Form type
4
Date filed
6/16/2023, 04:30 PM
Previous filing
Apr 13, 2022

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 NEWH Option to purchase common stock Award $0 +50M $0.00 50M Jun 15, 2023 Common Stock 50M $0.01 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On June 15, 2023, the Issuer granted a stock option of 50,000,000 shares under the Issuer's 2022 Equity Incentive Plan (the "Options") to Mr. Lee. The Options shall vest in four separate tranches based upon the Issuer attaining certain performance milestones.