JOHN G. COOPER - 17 Jun 2021 Form 4 Insider Report for ROCKWELL MEDICAL, INC. (RMTI)

Role
Director
Signature
/s/ Michael G. Costello, Attorney-in-Fact for John G. Cooper
Issuer symbol
RMTI
Transactions as of
17 Jun 2021
Net transactions value
$0
Form type
4
Filing time
22 Jun 2021, 17:26:58 UTC
Next filing
09 Jun 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RMTI Common Stock Award $0 +50,000 +89% $0.000000 105,879 17 Jun 2021 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 RMTI Stock Option (Right to Buy) Award $0 +72,857 $0.000000 72,857 17 Jun 2021 Common Stock 72,857 $0.9000 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 vest on June 17, 2022, subject to the Reporting Person's continued service to the Issuer.
F2 Stock options shall vest in accordance with the following vesting schedule: (1) one-half (fifty percent) of the shares of Common Stock subject to this Option shall vest on June 17, 2023; and (2) the final one-half (remaining fifty percent) of the shares of Common Stock subject to this Option shall vest on June 17, 2025, subject to the Reporting Person's continued service to the Issuer.