lee ting-chuan - Nov 15, 2023 Form 4 Insider Report for Ainos, Inc. (AIMD)

Role: Director
Signature: /s/ John Junyong Lee per POA for Lee, Ting-Chuan
Stock symbol: AIMD
Transactions as of: Nov 15, 2023
Transactions value $: $0
Form type: 4
Date filed: 11/16/2023, 06:34 PM
Previous filing: Jul 5, 2023
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	$6.83K	+10.5K	+14.65%	$0.65	82.2K	Nov 15, 2023	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	Conversion of derivative security	-$6.83K	-10.5K	-17.65%	$0.65	49K	Nov 15, 2023	Common Stock	10.5K	$0.65	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 70,000 RSUs granted under the 2021 Stock Incentive Plan, as amended by the 2023 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, if approved, the cash value thereof (or any combination thereof). Holders of RSUs have no rights or privileges as a stockholder. Except as otherwise agreed, if the Reporting Person's participation is terminated for any reason prior to the date that all of its RSU have vested, all vesting rights shall cease and all unvested RSU shall be forfeited for no consideration as of the date termination. Vesting dates related to the 70,000 RSUs are as follows: 10,500 shares on 5/14/23 and 11/14/23, respectively, 21,000 shares on 11/14/24 and 28,000 shares on 11/14/25.

Content

Reference is made to the 70,000 RSUs granted under the 2021 Stock Incentive Plan, as amended by the 2023 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, if approved, the cash value thereof (or any combination thereof). Holders of RSUs have no rights or privileges as a stockholder. Except as otherwise agreed, if the Reporting Person's participation is terminated for any reason prior to the date that all of its RSU have vested, all vesting rights shall cease and all unvested RSU shall be forfeited for no consideration as of the date termination. Vesting dates related to the 70,000 RSUs are as follows: 10,500 shares on 5/14/23 and 11/14/23, respectively, 21,000 shares on 11/14/24 and 28,000 shares on 11/14/25.