Shankar Hariharan - Jul 25, 2024 Form 3 Insider Report for TRxADE HEALTH, INC (MEDS)

Role
Director
Signature
/s/ Louis Kern as attorney-in-fact for Shankar Hariharan
Stock symbol
MEDS
Transactions as of
Jul 25, 2024
Transactions value $
$0
Form type
3
Date filed
8/5/2024, 09:23 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding MEDS Common Stock, par value $0.00001 81.9K Jul 25, 2024 Direct F1
holding MEDS Common Stock, par value $0.00001 15.2K Jul 25, 2024 By spouse F1

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
holding MEDS Series X Non-Voting Convertible Preferred Stock Jul 25, 2024 Common Stock 1.92M $0.00 Direct F1, F2
holding MEDS Series X Non-Voting Convertible Preferred Stock Jul 25, 2024 Common Stock 356K $0.00 By spouse F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These securities of TRxADE HEALTH, INC. (the "Issuer") were issued in connection with the closing of the acquisition of Scienture, Inc. ("Scienture") by the Issuer on July 25, 2024 (the "Merger") pursuant to an Agreement and Plan of Merger entered into by the Issuer, certain subsidiaries of the Issuer, and Scienture (the "Merger Agreement").
F2 These shares of the Issuer's Series X Non-Voting Convertible Preferred Stock, par value $0.00001 per share (the "Preferred Stock"), have no expiration date. On the 20th calendar day following the mailing of an information statement on Schedule 14C that the Issuer is filing with the Securities and Exchange Commission and mailing to its stockholders in connection with the closing of the Merger, these shares of Preferred Stock will automatically convert on a 1-for-1 basis into fully paid and nonassessable shares of the Issuer's common stock, par value $0.00001.

Remarks:

Exhibit List - Exhibit 24.1: Power of Attorney (Shankar Hariharan)