Robert J. Michel - Jul 11, 2023 Form 4 Insider Report for DAXOR CORP (DXR)

Signature
/s/ Robert J. Michel
Stock symbol
DXR
Transactions as of
Jul 11, 2023
Transactions value $
$0
Form type
4
Date filed
7/13/2023, 04:59 PM
Previous filing
May 15, 2023
Next filing
Aug 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 DXR Stock Options (right to buy) Award $0 +14K $0.00 14K Jul 11, 2023 COMMON STOCK 14K $9.88 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Stock options granted on July 11, 2023 are contingent on the approval of the Securities & Exchange Commission ("SEC") to amend the Daxor Corporation 2020 Incentive Compensation Plan (the "Plan").
F2 The stock options will vest in three installments on July 11, 2024 (4,666), July 11, 2025 (4,666) and July 11, 2026 (4,668)