Shibu Kizhakevilayil - Mar 20, 2023 Form 4 Insider Report for Healthcare Triangle, Inc. (HCTI)

Role: Director
Signature: /s/ Shibu Kizhakevilayil
Stock symbol: HCTI
Transactions as of: Mar 20, 2023
Transactions value $: $200
Form type: 4
Date filed: 3/21/2023, 09:17 AM
Previous filing: Feb 14, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HCTI	Common Stock	Disposed to Issuer	$200	+200K		$0.00^*	200K	Apr 27, 2020	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
holding	HCTI	Incentive Stock Option (right to buy)						50K	Mar 20, 2023	Common Stock	50K	$0.40	Direct	F2
holding	HCTI	Incentive Stock Option (right to buy)						150K	Mar 20, 2023	Common Stock	150K	$0.33	Direct	F3

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

Explanation of Responses:

Id	Content
F1	These shares were inadvertently omitted from the reporting person's original Form 3, and the subsequent Form 5 filed by the reporting person after the original Form 3 was filed.
F2	Incentive stock option granted on January 1, 2021 of which 25% vested on December 31, 2021, the remaining balance of which vests monthly over 36 months.
F3	Incentive stock option granted 03/20/2023 under the Company's 2020 Plan. All options expire within a 5-year period, with 50,000 options vesting immediately and another 100,000 options vesting equally over the next 36 months of the issuance herein, i.e., 2,778 options, every month.