Brent Ness - Sep 15, 2022 Form 4 Insider Report for Aclarion, Inc. (ACON)

Signature
/s/ Brent Ness
Stock symbol
ACON
Transactions as of
Sep 15, 2022
Transactions value $
$0
Form type
4
Date filed
9/15/2022, 05:10 PM
Previous filing
Apr 25, 2022
Next filing
Dec 29, 2022

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 ACON Options for Common Stock (right to buy) Award $0 +75.6K +22.14% $0.00 417K Sep 15, 2022 Common Stock 75.6K $1.94 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares underlying this option grant will vest in 48 equal monthly installments succeeding the vesting commencement date of September 1, 2021.
F2 In accordance with the reporting person's employment agreement, on September 27, 2021 the reporting person was previously granted 341,365 options with substantially identical terms to the newly granted options reported herein. The options reported herein were granted in order to satisfy the equity grant target set forth in the reporting person's employment agreement.