Branislav Vajdic - Jun 15, 2022 Form 4 Insider Report for HeartBeam, Inc. (BEAT)

Role: Chief Executive Officer
Signature: /s/ Branislav Vajdic
Stock symbol: BEAT
Transactions as of: Jun 15, 2022
Transactions value $: $0
Form type: 4
Date filed: 6/17/2022, 06:59 PM
Previous filing: Mar 31, 2022
Next filing: Feb 14, 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	BEAT	Stock option (right to buy)	Award	$0	+359K		$0.00	359K	Jun 15, 2022	Common Stock	359K	$1.30	Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	The options ("Options") have been issued from the 2022 Executive Incentive Plan, that was approved at the Annual Shareholder Meeting held on June 15, 2022.
F2	The Option will vest and become exercisable with respect to 25% of the shares starting January 1, 2023 and one forty-eighth (1/48th) of the shares shall vest each calendar month thereafter on the same day of the month as the first vesting date, such that 100% of the shares shall be fully vested and exercisable on January 1, 2027. All Options shall accelerate and vest in full upon the Company's termination of the Reporting Person's engagement with the Company following a change in control.

Content

The options ("Options") have been issued from the 2022 Executive Incentive Plan, that was approved at the Annual Shareholder Meeting held on June 15, 2022.

The Option will vest and become exercisable with respect to 25% of the shares starting January 1, 2023 and one forty-eighth (1/48th) of the shares shall vest each calendar month thereafter on the same day of the month as the first vesting date, such that 100% of the shares shall be fully vested and exercisable on January 1, 2027. All Options shall accelerate and vest in full upon the Company's termination of the Reporting Person's engagement with the Company following a change in control.