Robert J. Lipstein - Jun 1, 2023 Form 4 Insider Report for Onfolio Holdings, Inc (ONFO)

Role: Director
Signature: /s/ Robert J. Lipstein
Stock symbol: ONFO
Transactions as of: Jun 1, 2023
Transactions value $: $0
Form type: 4
Date filed: 6/2/2023, 08:10 PM
Previous filing: May 4, 2023
Next filing: Aug 2, 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	ONFO	Stock Option (Right to Buy)	Award	$0	+15K		$0.00	15K	Jun 1, 2023	Common Stock	15K	$1.27	Direct	F1

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

Explanation of Responses:

Id	Content
F1	Represents an option award pursuant to the Company's 2020 Equity Incentive Plan. 7,500 options vest on June 1, 2023. The remaining 7,500 options vest as follows: 2,500 options vest on June 30, 2023, 2,500, options vest on September 30, 2023 and 2,500 options vest on December 31, 2023. Subject to continued service with the Company through the applicable vesting dates. This award is subject to forfeiture.

Content

Represents an option award pursuant to the Company's 2020 Equity Incentive Plan. 7,500 options vest on June 1, 2023. The remaining 7,500 options vest as follows: 2,500 options vest on June 30, 2023, 2,500, options vest on September 30, 2023 and 2,500 options vest on December 31, 2023. Subject to continued service with the Company through the applicable vesting dates. This award is subject to forfeiture.