John David Finley - May 6, 2024 Form 4 Insider Report for PALISADE BIO, INC. (PALI)

Role
CEO, CFO, Director, Director
Signature
/s/ JD Finley
Stock symbol
PALI
Transactions as of
May 6, 2024
Transactions value $
-$1,083
Form type
4
Date filed
5/8/2024, 06:36 PM
Previous filing
Mar 12, 2024
Next filing
May 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PALI Common Stock, par value $0.01 Options Exercise $0 +232 +3.59% $0.00 6.69K May 6, 2024 Direct F1
transaction PALI Common Stock, par value $0.01 Tax liability -$567 -67 -1% $8.46* 6.62K May 6, 2024 Direct F2
transaction PALI Common Stock, par value $0.01 Options Exercise $0 +211 +3.19% $0.00 6.83K May 6, 2024 Direct F3
transaction PALI Common Stock, par value $0.01 Tax liability -$516 -61 -0.89% $8.46* 6.77K May 6, 2024 Direct F4
holding PALI Common Stock, par value $0.01 51 May 6, 2024 By FCW Investments, LLC F5

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 Options Exercise -232 -12.51% 1.62K May 6, 2024 Common Stock 232 Direct F6, F7
transaction PALI Restricted Stock Units Options Exercise -211 -9.09% 2.11K May 6, 2024 Common Stock 211 Direct F6, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the issuance of common stock upon the vesting and settlement of outstanding restricted stock units for the restricted stock units granted on June 8, 2023.
F2 Represents shares withheld to cover tax withholding obligations in connection with the vesting and settlement of the restricted stock units referenced in footnote 1.
F3 Represents the issuance of common stock upon the vesting and settlement of outstanding restricted stock units for the restricted stock units granted on November 21, 2023.
F4 Represents shares withheld to cover tax withholding obligations in connection with the vesting and settlement of the restricted stock units referenced in footnote 3.
F5 Reporting Person is the managing member of FCW Investments LLC and has the sole investment and voting power over the securities held by this entity.
F6 Each restricted stock unit represents the right to receive, at settlement, one share of common stock.
F7 This restricted stock unit was granted on June 8, 2023, and 232 restricted stock units subject to the award vested on May 6, 2024, and an additional 1,622 restricted stock units will vest in equal quarterly installments over the remaining portion of the three-year period from the grant date, subject to Reporting Person continuing to be a service provider to Issuer at the time of vesting.
F8 This restricted stock unit was granted on November 21, 2023, and 211 restricted stock units subject to the award vested on May 6, 2024, and an additional 2,111 restricted stock units will vest in equal quarterly installments over the remaining portion of the three-year period from the grant date, subject to Reporting Person continuing to be a service provider to Issuer at the time of vesting.