Pao Sheng Wei - Apr 10, 2023 Form 4 Insider Report for Ainos, Inc. (AIMD)

Role: Director
Signature: /s/ John Junyong Lee POA for Pao-Sheng Wei
Stock symbol: AIMD
Transactions as of: Apr 10, 2023
Transactions value $: $0
Form type: 4
Date filed: 4/12/2023, 08:00 PM
Previous filing: Jul 29, 2022
Next filing: Nov 28, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AIMD	COMMON STOCK	Award	$6.6K	+7.33K		$0.90	7.33K	Apr 10, 2023	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
transaction	AIMD	RSU	Conversion of derivative security	-$6.6K	-7.33K	-33.33%	$0.90	14.7K	Apr 10, 2023	Common Stock	7.33K	$0.90	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This reported transaction represents the conversion of 110,000 Restricted Stock Units (the "RSUs") adjusted to 7,333 shares giving effect to the Reverse Stock Split. Reference is made to 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. Vesting dates related to the RSUs are listed below: Vesting Date 1: 7,333 shares common stock on the last day of the 6 month period from the grant date. Vesting Date 2: 7,333 shares common stock from18 months after grant date. Vesting Date 3: 7,334 shares common stock from 30 months after grant date.

Content

This reported transaction represents the conversion of 110,000 Restricted Stock Units (the "RSUs") adjusted to 7,333 shares giving effect to the Reverse Stock Split. Reference is made to 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. Vesting dates related to the RSUs are listed below: Vesting Date 1: 7,333 shares common stock on the last day of the 6 month period from the grant date. Vesting Date 2: 7,333 shares common stock from18 months after grant date. Vesting Date 3: 7,334 shares common stock from 30 months after grant date.