yao-chung chiang - Jul 28, 2022 Form 4 Insider Report for Ainos, Inc. (AIMD)

Role: Director
Signature: /s/ John Junyong Lee POA for Yao-Chung Chiang
Stock symbol: AIMD
Transactions as of: Jul 28, 2022
Transactions value $: $0
Form type: 4
Date filed: 7/29/2022, 08:54 AM
Previous filing: Dec 9, 2021
Next filing: Apr 12, 2023

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	+330K		$0.00	330K	Jul 28, 2022	Common Stock	330K		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") granted under the 2021 Director Compensation Policy with respect to non-employee directors and the 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. Except as otherwise provided in the RSU Agreement, if the Reporting Person's participation is terminated or any reason prior to the date that all of its RSU have vested, all vesting with respect to the RSU shall cease and all unvested RSU shall be forfeited to the Company for no consideration as of the date termination. Vesting dates applicable to the RSUs are listed below: Vesting Date 1: 110,000 shares common stock. The last day of the six-month period commending on the grant date. Vesting Date 2: 110,000 shares common stock. The last day of the six-month period commencing on the 1-year anniversary of the grant date (i.e., 18 months after grant date). Vesting Date 3: 110,000 shares common stock. The last day of the six-month period commencing on the 2nd anniversary of the grant date (i.e., 30 months after grant date).

Content

Reference is made to the Restricted Stock Units (the "RSU") granted under the 2021 Director Compensation Policy with respect to non-employee directors and the 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. Except as otherwise provided in the RSU Agreement, if the Reporting Person's participation is terminated or any reason prior to the date that all of its RSU have vested, all vesting with respect to the RSU shall cease and all unvested RSU shall be forfeited to the Company for no consideration as of the date termination. Vesting dates applicable to the RSUs are listed below: Vesting Date 1: 110,000 shares common stock. The last day of the six-month period commending on the grant date. Vesting Date 2: 110,000 shares common stock. The last day of the six-month period commencing on the 1-year anniversary of the grant date (i.e., 18 months after grant date). Vesting Date 3: 110,000 shares common stock. The last day of the six-month period commencing on the 2nd anniversary of the grant date (i.e., 30 months after grant date).