Mahesh V. Patel - Mar 8, 2024 Form 4 Insider Report for Lipocine Inc. (LPCN)

Role
CEO and President, Director
Signature
/s/ Mahesh V. Patel
Stock symbol
LPCN
Transactions as of
Mar 8, 2024
Transactions value $
$0
Form type
4
Date filed
3/12/2024, 05:53 PM
Previous filing
May 25, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LPCN Common Stock Award $0 +4.89K +4.56% $0.00 112K Mar 8, 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units subject to vesting whereby 1/3 of the shares subject to the award will vest on the one-year anniversary of March 8, 2025, while the remaining 2/3 of the shares subject to the award will vest semi-annually on a prorated basis over the following two years.