lee ting-chuan - Nov 24, 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 24, 2023
Transactions value $
$150,000
Form type
4
Date filed
11/28/2023, 05:03 PM
Previous filing
Nov 16, 2023
Next filing
Feb 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AIMD Common Stock Award $150K +250K +304.3% $0.60 332K Nov 24, 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 -10.5K -17.65% 49K Nov 25, 2023 Common Stock 10.5K Direct F2
transaction AIMD RSU Award -480K -47.57% 529K Nov 24, 2023 Common Stock 480K Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reference is a made to a Special Stock Award pursuant to approval on October 11, 2023 by the Company's Board of Directors and Shareholders by Action by Written Consent.
F2 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.
F3 Reference is made to 480,000 RSUs that were granted on August 15, 2013 pursuant to the Company's 2023 Stock Incentive Plan.The RSUs vest in increments of 15% on 2/15/24, 15% on 8/15/24, 30% on 8/15/25, and 40% on 8/15/26 subject to normal and customary termination events.