John David Finley - May 28, 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 28, 2024
Transactions value $
-$9,677
Form type
4
Date filed
5/30/2024, 07:44 PM
Previous filing
May 28, 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 +1.62K +19.22% $0.00 10.1K May 28, 2024 Direct F1
transaction PALI Common Stock, par value $0.01 Tax liability -$2.22K -467 -4.64% $4.76 9.59K May 28, 2024 Direct F2
transaction PALI Common Stock, par value $0.01 Options Exercise $0 +3.34K +34.77% $0.00 12.9K May 28, 2024 Direct F3
transaction PALI Common Stock, par value $0.01 Tax liability -$4.56K -959 -7.42% $4.76 12K May 28, 2024 Direct F4
transaction PALI Common Stock, par value $0.01 Options Exercise $0 +2.11K +17.64% $0.00 14.1K May 28, 2024 Direct F5
transaction PALI Common Stock, par value $0.01 Tax liability -$2.89K -607 -4.31% $4.76 13.5K May 28, 2024 Direct F6
holding PALI Common Stock, par value $0.01 51 May 28, 2024 By FCW Investments, LLC F7

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 -1.62K -100% 0 May 28, 2024 Common Stock 1.62K Direct F8, F9
transaction PALI Restricted Stock Units Options Exercise -3.34K -100% 0 May 28, 2024 Common Stock 3.34K Direct F8, F10
transaction PALI Restricted Stock Units Options Exercise -2.11K -100% 0 May 28, 2024 Common Stock 2.11K Direct F8, F11
* 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 June 11, 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 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.
F6 Represents shares withheld to cover tax withholding obligations in connection with the vesting and settlement of the restricted stock units referenced in footnote 5.
F7 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.
F8 Each restricted stock unit represents the right to receive, at settlement, one share of common stock.
F9 This restricted stock unit was granted on June 8, 2023, and all remaining 1,622 restricted stock units subject to the award were accelerated and vested on May 28, 2024 by the Compensation Committee of the Issuer.
F10 This restricted stock unit was granted on June 11, 2023, and all remaining 3,335 restricted stock units subject to the award were accelerated and vested on May 28, 2024 by the Compensation Committee of the Issuer.
F11 This restricted stock unit was granted on November 21, 2023, and all remaining 2,111 restricted stock units subject to the award were accelerated and vested on May 28, 2024 by the Compensation Committee of the Issuer.