Mitchell Lawrence Jones - 06 May 2024 Form 4 Insider Report for PALISADE BIO, INC. (PALI)

Role
CEO, CFO, Director
Signature
/s/ Mitchell Jones
Issuer symbol
PALI
Transactions as of
06 May 2024
Net transactions value
-$1,159
Form type
4
Filing time
08 May 2024, 18:37:54 UTC
Previous filing
24 Nov 2023
Next filing
30 May 2024
SEC
View on sec.gov

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 +304 +60% $0.000000 814 06 May 2024 Direct F1
transaction PALI Common Stock, par value $0.01 Tax liability $761 -90 -11% $8.46* 724 06 May 2024 Direct F2
transaction PALI Common Stock, par value $0.01 Options Exercise $0 +156 +22% $0.000000 880 06 May 2024 Direct F3
transaction PALI Common Stock, par value $0.01 Tax liability $398 -47 -5.3% $8.46* 833 06 May 2024 Direct F4

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 -304 -10% 2,735 06 May 2024 Common Stock 304 Direct F5, F6
transaction PALI Restricted Stock Units Options Exercise -156 -9.1% 1,555 06 May 2024 Common Stock 156 Direct F5, F7
* 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 September 5, 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 Each restricted stock unit represents the right to receive, at settlement, one share of common stock.
F6 This restricted stock unit was granted on September 5, 2023, and 304 restricted stock units subject to the award vested on May 6, 2024, and an additional 2,735 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.
F7 This restricted stock unit was granted on November 21, 2023, and 156 restricted stock units subject to the award vested on May 6, 2024, and an additional 1,555 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.