Chun Jung Tsai - Nov 22, 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
Nov 22, 2024
Transactions value $
$97,887
Form type
4
Date filed
11/27/2024, 06:08 AM
Previous filing
Nov 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AIMD Common Stock Award $96K +209K +181.4% $0.46 324K Nov 26, 2024 Direct F1, F2
transaction AIMD Common Stock Award $1.84K +4K +3.48% $0.46 119K Nov 22, 2024 Direct F3

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 -209K -100% 0 Nov 26, 2024 Common Stock 209K Direct F1, F2
transaction AIMD RSU Award +4K 4K Nov 22, 2024 Common Stock 4K Direct F3
transaction AIMD RSU Conversion of derivative security -4K -100% 0 Nov 26, 2024 Common Stock 4K Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 As previously disclosed in a Form 4 filed by the Reporting Person, reference is made to 150,114 RSUs granted under the Ainos, Inc. 2023 Stock Incentive Plan (the "2023 Plan") on September 15, 2024, with various vesting dates. 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. On November 22, 2024, the compensation committee of the board of directors of Ainos, Inc. approved the acceleration of the vesting schedule of the RSUs granted to the Reporting Person, such that all grants vested on November 26, 2024.
F2 As previously disclosed, reference is made to (i) 540,000 RSUs that were granted on August 15, 2013, adjusted to 108,000 shares giving effect to the 1 for 5 reverse share split (the "Reverse Split") on December 14, 2023, pursuant to the 2023 Plan, with various vesting dates; and (ii) 70,000 RSUs granted under the 2021 Stock Incentive Plan, as amended by the 2023 Stock Incentive Plan, adjusted to 14,000 shares giving effect to the Reverse Split, with various vesting dates. On November 22, 2024, the compensation committee of the board of directors of Ainos, Inc. approved the acceleration of the vesting schedule of the RSUs granted to the Reporting Person, such that all grants vested on November 26, 2024.
F3 Reference is made to the 4,000 RSUs granted to the Reporting Person as special stock awards on November 22, 2024 and vested on November 26, 2024. The special stock awards have been approved by the stockholders of Ainos, Inc. on September 27, 2024.