chun-hsien tsai - Aug 16, 2024 Form 4 Insider Report for Ainos, Inc. (AIMD)

Role: CEO, PRESIDENT, CHAIRMAN, Director
Signature: /s/ Chun-Hsien Tsai
Stock symbol: AIMD
Transactions as of: Aug 16, 2024
Transactions value $: $18,531
Form type: 4
Date filed: 8/20/2024, 08:44 PM
Previous filing: Feb 20, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AIMD	COMMON STOCK	Award	$18.5K	+26.1K	+9.45%	$0.71	302K	Aug 16, 2024	Direct	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
transaction	AIMD	RSU	Conversion of derivative security		-26.1K	-16.85%		129K	Aug 16, 2024	Common Stock	26.1K		Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Reference is made to (i) 870,000 Restricted Stock Units ("RSUs") that were granted on August 15, 2023, adjusted to 174,000 shares giving effect to the 1 for 5 reverse share split on December 14, 2023, pursuant to the Company's 2023 Stock Incentive Plan, with vesting occurring in increments of 15% on 2/15/24, 15% on 8/15/24, 30% on 8/15/25, and 40% on 8/15/26 subject to normal and customary termination events; and (ii) 50,000 RSUs that were granted pursuant to an employment Mandate Agreement dated March 17,2022, adjusted to 10,000 shares giving effect to the 1 for 5 reverse share split on December 14, 2023, and under the Company's 2021 Stock Incentive Plan, and as amended by its 2023 Stock Incentive Plan, with vesting occurring in increments of 15% on 4/24/23 and 10/24/23, 30% on 10/24/24 and 40% on 10/24/25, subject to normal and customary termination events.

Content

Reference is made to (i) 870,000 Restricted Stock Units ("RSUs") that were granted on August 15, 2023, adjusted to 174,000 shares giving effect to the 1 for 5 reverse share split on December 14, 2023, pursuant to the Company's 2023 Stock Incentive Plan, with vesting occurring in increments of 15% on 2/15/24, 15% on 8/15/24, 30% on 8/15/25, and 40% on 8/15/26 subject to normal and customary termination events; and (ii) 50,000 RSUs that were granted pursuant to an employment Mandate Agreement dated March 17,2022, adjusted to 10,000 shares giving effect to the 1 for 5 reverse share split on December 14, 2023, and under the Company's 2021 Stock Incentive Plan, and as amended by its 2023 Stock Incentive Plan, with vesting occurring in increments of 15% on 4/24/23 and 10/24/23, 30% on 10/24/24 and 40% on 10/24/25, subject to normal and customary termination events.