Gary D. Rubin - Oct 1, 2023 Form 4 Insider Report for bioAffinity Technologies, Inc. (BIAF)

Signature
/s/ Maria Zannes, as attorney-in-fact for Gary D. Rubin
Stock symbol
BIAF
Transactions as of
Oct 1, 2023
Transactions value $
$37,499
Form type
4
Date filed
1/24/2024, 08:52 PM
Previous filing
Jul 6, 2023
Next filing
Jun 14, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BIAF Common Stock Award $18.7K +11.9K +14.84% $1.58 91.8K Oct 1, 2023 Direct F1
transaction BIAF Common Stock Award $18.7K +12.7K +13.79% $1.48 105K Jan 1, 2024 Direct F2
holding BIAF Common Stock 1.58M Oct 1, 2023 By Trust F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a grant from Issuer to Mr. Rubin of 11,867 restricted shares of Common Stock, on October 1, 2023 under the Issuer's 2014 Equity Incentive Plan, which shares of restricted stock will vest ratably over three months of continued service beginning on the date of grant and which represents a restricted stock award valued at $18,750 granted by the Issuer to each of its directors each quarter during the calendar year.
F2 Represents a grant from the Issuer to Mr. Rubin of 12,668 restricted shares of Common Stock, on January 1, 2024 under the Issuer's 2014 Equity Incentive Plan, which shares of restricted stock will vest ratably over three months of continued service beginning on the date of grant and which represents a restricted stock award valued at $18,750 granted by the Issuer to each of its directors each quarter during the calendar year.
F3 Represents shares of Common Stock owned directly by the Harvey Sandler Revocable Trust (the "Trust"), a 10% owner of the Issuer, and indirectly by Mr. Rubin, as co-trustee of the Trust, which indirect ownership was previously reported on a Form 4 filed by Mr. Rubin and the Trust on October 21, 2022. Mr. Rubin disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.

Remarks:

Exhibit List: Exhibit 24.1 - Power of Attorney (Gary Rubin), Exhibit 24.2 - Power of Attorney (Harvey Sandler Revocable Trust)