Declan Doogan - 11 Aug 2022 Form 4 Insider Report for TENAX THERAPEUTICS, INC. (TENX)

Signature
/s/ S. Halle Vakani, as Attorney-in-Fact
Issuer symbol
TENX
Transactions as of
11 Aug 2022
Net transactions value
$0
Form type
4
Filing time
12 Aug 2022, 16:24:03 UTC
Previous filing
10 Jun 2022
Next filing
12 Dec 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TENX Common Stock Gift $0 -567,871 -100% $0.000000* 0 11 Aug 2022 By Declan Doogan 2021 GRAT DTD 03-04-2021 F1, F2
transaction TENX Common Stock Gift $0 +567,871 +18% $0.000000 3,637,871 11 Aug 2022 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
holding TENX Stock Option (right to buy) 5,000 11 Aug 2022 Common Stock 5,000 $0.6200 Direct
holding TENX Stock Option (right to buy) 6,250 11 Aug 2022 Common Stock 6,250 $2.00 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Issuer's shares held in a grantor retained annuity trust (the "GRAT") were distributed to the reporting person upon termination of the GRAT and in satisfaction of an annuity due to the reporting person.
F2 The reporting person's wife, Dorothy Doogan, is the trustee of the GRAT.