Robert Paul ENO - Jan 18, 2023 Form 3 Insider Report for HeartBeam, Inc. (BEAT)

Role
President
Signature
/s/ Robert Paul Eno
Stock symbol
BEAT
Transactions as of
Jan 18, 2023
Transactions value $
$0
Form type
3
Date filed
1/27/2023, 03:05 PM
Next filing
Jun 9, 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
holding BEAT Stock option (right to buy) Jan 18, 2023 Common Stock 36.4K $0.28 Direct F1
holding BEAT Stock option (right to buy) Jan 18, 2023 Common Stock 9K $4.25 Direct F2
holding BEAT Stock option (right to buy) Jan 18, 2023 Common Stock 240K $4.47 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 28,788 shares subject to the stock option are fully vested and exercisable.
F2 2,631 shares subject to the stock option are fully vested and exercisable.
F3 Twenty-five percent (25%) of the shares subject to the Stock Option shall vest on the one (1) year anniversary of the Vesting Commencement Date (January 18, 2024), and one forty-eighth (1/48th) of the shares subject to the Stock Option shall vest each month thereafter on the same day of the month as the Vesting Commencement Date, subject to the Mr. Eno continuing to be engaged with the company through each such date. All shares subject to the Stock Option shall accelerate and vest in full upon the company's termination of Mr. Eno's engagement with the company following a Change in Control (as defined in the company's 2022 equity incentive plan).