Firman Leung - Jun 6, 2023 Form 4 Insider Report for MIDWEST HOLDING INC. (MDWT)

Role
Director
Signature
Firman Leung
Stock symbol
MDWT
Transactions as of
Jun 6, 2023
Transactions value $
$0
Form type
4
Date filed
6/7/2023, 07:23 PM
Previous filing
Jun 16, 2022
Next filing
Dec 21, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MDWT Common Stock Award $0 +1.16K +34.23% $0.00 4.57K Jun 6, 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
holding MDWT Stock Option (Right to Buy) 100 Jun 6, 2023 Common Stock 100 $25.00 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported shares underlie a restricted stock unit award which vests on the earlier of the first anniversary of its date of grant and the next date of the annual meeting of stockholders, subject the terms of the restricted stock unit agreement and the Issuer's Long-Term Incentive Plan which includes acceleration of vesting under certain circumstances. Each restricted stock unit represents the contingent right to receive one share of voting common stock of the Issuer.
F2 33 shares became exercisable on July 17, 2021, and the remaining 67 shares will become exercisable on July 17, 2023.