Brian L. Brown - May 15, 2023 Form 4 Insider Report for Co-Diagnostics, Inc. (CODX)

Role
Chief Financial Officer
Signature
/s/ Brian L. Brown
Stock symbol
CODX
Transactions as of
May 15, 2023
Transactions value $
$0
Form type
4
Date filed
5/15/2023, 05:15 PM
Previous filing
Mar 21, 2023
Next filing
May 24, 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 CODX Restricted Stock Units Award $0 +225K +59.6% $0.00 603K May 15, 2023 Common Stock 378K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Granted pursuant to Issuer's 2015 Long Term Incentive Plan, as amended. Each restricted stock unit ("RSU") represents the contingent right to receive, upon vesting, one share of the Issuer's common stock.
F2 RSU vests in 6 installments commencing on 11/23/23 and continuing every 6 months thereafter.