Susan R. Reyes - Jul 31, 2024 Form 5 Insider Report for Healthcare Integrated Technologies Inc. (HITC)

Signature
/s/ Susan R. Reyes
Stock symbol
HITC
Transactions as of
Jul 31, 2024
Transactions value $
$192,669
Form type
5
Date filed
8/7/2024, 09:11 AM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HITC Common Stock Award $167K +1.52M $0.11 1.52M Jul 31, 2023 Direct F1
transaction HITC Common Stock Award $25.8K +258K $0.10 258K Jul 31, 2024 Direct F2

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 HITC Holdings 150K Jul 31, 2024 Common Stock 150K $0.40 Direct F3
holding HITC Holdings 283K Jul 31, 2024 Common Stock 283K $0.40 Direct F3
holding HITC Holdings 283K Jul 31, 2024 Common Stock 283K $0.40 Direct F3
holding HITC Holdings 283K Jul 31, 2024 Common Stock 283K $0.40 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On July 31, 2023, the Board of Directors of the issuer approved the issuance of 1,516,666 shares of common stock to the Reporting Person as payment for compensation owed to her as of July 31, 2023 under her Employment Agreement dated September 1, 2020.
F2 On July 31, 2024, the Board of Directors of the issuer approved the issuance of 258,360 shares of common stock to the Reporting Person as payment for compensation owed to her as of July 31, 2024 under her Employment Agreement dated January 31, 2024.
F3 On September 1, 2020, the Reporting Person was appointed Chief Medical Officer of the issuer. Upon execution of an Employment Agreement dated on such date, the Reporting Person was awarded 1,000,000 common stock purchase options, all of which are currently vested.