Kenneth Harry Persen - 16 Sep 2022 Form 4 Insider Report for HeartBeam, Inc. (BEAT)

Role: Chief Technology Officer
Signature: /s/ Ken Persen
Issuer symbol: BEAT
Transactions as of: 16 Sep 2022
Net transactions value: $0
Form type: 4
Filing time: 07 Oct 2022, 17:27:40 UTC
Previous filing: 12 Aug 2022
Next filing: 23 Mar 2023
SEC: View on sec.gov

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	+80,000		$0.000000	80,000	16 Sep 2022	Common Stock	80,000	$1.91	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 Company's 2022 Equity Incentive Plan, that was approved by the Members of the Board of Directors on September 16, 2022.
F2	The Option will vest and become exercisable with respect to 25% of the shares starting August 2, 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. 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 Company's 2022 Equity Incentive Plan, that was approved by the Members of the Board of Directors on September 16, 2022.

The Option will vest and become exercisable with respect to 25% of the shares starting August 2, 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. 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.