Gregory S. Bench - Jul 31, 2024 Form 5 Insider Report for Healthcare Integrated Technologies Inc. (HITC)

Role
Director
Signature
/s/ Gregory S. Bench
Stock symbol
HITC
Transactions as of
Jul 31, 2024
Transactions value $
$150,000
Form type
5
Date filed
8/2/2024, 04:05 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HITC Common Stock Purchase $150K +1.5M $0.10 1.5M Mar 22, 2023 Note F1
holding HITC Holdings 846K Jul 31, 2024 Note F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares of common stock reported in Table I of this Form 5 are held of record by Bucuti Investments, LLC ("Bucuti"). The Reporting Person owns and controls Bucuti and has the right to direct the vote and disposition of securities owned by Bucuti.
F2 On August 26, 2022, the Reporting Person was appointed to the Board of Directors of the issuer. Simultaneously, the issuer granted the Reporting Person, or his designee, 846,093 shares of restricted common stock, all of which are currently vested and issued to Bucuti (see Note 1). The shares vested as follows: 10/26/22 - 141,015 shares; 1/26/23 - 211,524 shares; 4/26/23 - 211,523 shares; 7/26/23 - 211,523 shares; and, 10/26/23 - 70,508 shares.