Cary Sucoff - Sep 9, 2024 Form 4 Insider Report for IMAC Holdings, Inc. (BACK)

Role
Director
Signature
/s/ Cary W. Sucoff
Stock symbol
BACK
Transactions as of
Sep 9, 2024
Transactions value $
$0
Form type
4
Date filed
9/11/2024, 05:49 PM
Previous filing
Dec 27, 2023

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 BACK Restricted Stock Units Award $0 +3.33K $0.00 3.33K Sep 9, 2024 Common Stock 3.33K Direct F1
transaction BACK Stock Option (right to buy) Award $0 +10K $0.00 10K Sep 9, 2024 Common Stock 10K $2.50 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units ("RSUs") convert into common stock on a one-for-one basis. The RSUs vest on September 9, 2025. The RSUs were granted under the Issuer's 2018 Incentive Compensation Plan (the "Plan") for service as a director during 2024.
F2 Such options were granted under the Plan for service as a director during 2024. Such options will vest upon such date as the Issuer is in compliance with certain of The Nasdaq Stock Market's continued listing requirements.