Mark H. Ravich - 17 Jun 2021 Form 4 Insider Report for ROCKWELL MEDICAL, INC. (RMTI)

Role
Director
Signature
/s/ Michael G. Costello, Attorney-in-Fact for Mark H. Ravich
Issuer symbol
RMTI
Transactions as of
17 Jun 2021
Net transactions value
$0
Form type
4
Filing time
22 Jun 2021, 17:27:40 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 +25% $0.000000 253,604 17 Jun 2021 Direct F1
holding RMTI Common Stock 16,000 17 Jun 2021 By: Alyssa Danielle Ravich 1991 Irrevocable Trust F2
holding RMTI Common Stock 9,000 17 Jun 2021 By: Alexander Coleman Ravich 1991 Irrevocable Trust F3
holding RMTI Common Stock 219,905 17 Jun 2021 BY: Revocable Trust of Mark H Ravich F4

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 F5
* 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 Represents securities owned directly by Alyssa Danielle Ravich 1991 Irrevocable Trust ("ADR Trust"). Mr. Ravich, as the trustee of ADR Trust, may be deemed to beneficially own the securities owned directly by ADR Trust.
F3 Represents securities owned directly by Alexander Coleman Ravich 1991 Irrevocable Trust ("ACR Trust"). Mr. Ravich, as the trustee of ACR Trust, may be deemed to beneficially own the securities owned directly by ACR Trust.
F4 Represents securities owned directly by Revocable Trust of Mark H Ravich ("MHR Trust"). Mr. Ravich, as the trustee of MHR Trust, may be deemed to beneficially own the securities owned directly by MHR Trust.
F5 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.