Chun Jung Tsai - Sep 15, 2024 Form 4 Insider Report for Ainos, Inc. (AIMD)

Role
Director
Signature
/s/ Chun-Hsien Tsai POA for Chun-Jung Tsai
Stock symbol
AIMD
Transactions as of
Sep 15, 2024
Transactions value $
$11,934
Form type
4
Date filed
9/17/2024, 05:09 PM
Previous filing
Aug 20, 2024
Next filing
Nov 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AIMD Common Stock Award $11.9K +22.5K +25.48% $0.53 111K Sep 15, 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 Award +150K 150K Sep 15, 2024 Common Stock 150K Direct F1
transaction AIMD RSU Conversion of derivative security -22.5K -15% 128K Sep 15, 2024 Common Stock 22.5K 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 150,114 restricted stock units (RSUs) granted under the Ainos, Inc. 2023 Stock Incentive Plan on September 15, 2024. Each RSU represents a right to receive one (1) share of common stock upon vesting and the expiration of any applicable restricted period or, if approved, the cash value thereof (or any combination thereof). Holders of RSUs have no rights or privileges as stockholders. Except as otherwise agreed, if the Reporting Person's participation is terminated for any reason prior to the date that all of its RSUs have vested, all vesting rights shall cease and all unvested RSUs shall be forfeited for no consideration as of the date termination. Vesting dates related to the 150,114 RSUs are as follows: 15% on 9/15/24, 15% on 8/15/2025, 30% on 8/15/2026 and 40% on 8/15/27.