Marion Odence-Ford - Feb 11, 2024 Form 4 Insider Report for OptimizeRx Corp (OPRX)

Signature
/s/ Marion K. Odence-Ford
Stock symbol
OPRX
Transactions as of
Feb 11, 2024
Transactions value $
-$21,331
Form type
4
Date filed
2/13/2024, 06:16 PM
Previous filing
Jan 11, 2024
Next filing
Apr 24, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OPRX Common Stock Options Exercise $0 +4K +35.99% $0.00 15.1K Feb 11, 2024 Direct F1
transaction OPRX Common Stock Tax liability -$21.3K -1.39K -9.17% $15.39 13.7K Feb 11, 2024 Direct F2

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 OPRX Restricted Stock Units Options Exercise $0 -4K -20% $0.00 16K Feb 11, 2024 Common Stock 4K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into common stock on a one-for-one basis.
F2 These shares were withheld by the Issuer to satisfy the Reporting Person's tax withholding obligations. Such withholding is treated as a disposition of securities under Section 16 of the Securities Exchange Act of 1934, as amended.
F3 On February 11, 2021, the reporting person was granted 20,000 restricted stock units, vesting in five equal annual installments beginning on the first anniversary of the grant date.

Remarks:

The filing of this Statement shall not be construed as an admission (a) that the person filing this Statement is, for the purposes of Section 16 of the Securities Exchange Act of 1934, as amended, the beneficial owner of any equity securities covered by this Statement, or (b) that this Statement is legally required to be filed by such person.