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

Role: Chief Technology Officer
Signature: /s/ Ken Persen
Stock symbol: BEAT
Transactions as of: Sep 16, 2022
Transactions value $: $0
Form type: 4
Date filed: 10/7/2022, 05:27 PM
Previous filing: Aug 12, 2022
Next filing: Mar 23, 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	+80K		$0.00	80K	Sep 16, 2022	Common Stock	80K	$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.