Chun-Hsien Tsai - 28 Jul 2022 Form 4 Insider Report for Ainos, Inc. (AIMD)

Signature
/s/ John Junyong Lee POA for Chun-Hsien Tsai
Issuer symbol
AIMD
Transactions as of
28 Jul 2022
Net transactions value
$0
Form type
4
Filing time
28 Jul 2022, 21:38:27 UTC
Previous filing
21 Dec 2021
Next filing
26 Oct 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding AIMD Common Stock 333,986 28 Jul 2022 Direct

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 AIMD RSU Award $0 +5,000,000 $0.000000 5,000,000 28 Jul 2022 Common Stock 5,000,000 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reference is made to the Restricted Stock Units (the "RSU") pursuant to an employment Mandate Agreement dated March 17, 2022 (the "Mandate Agreement") under the Company's 2021 Stock Incentive Plan. Each RSU represents a right to receive one (1) share of common stock upon vesting and the expiration of any applicable restricted period, or in the sole discretion of the Compensation Committee, the cash value thereof (or any combination thereof). Holders of RSUs have no rights or privileges as a stockholder. The shares underlying the RSUs will vest on September 30, 2022 and are may not be sold within 6 months of the grant date.