William Hugh McCauley JR - Oct 27, 2023 Form 4 Insider Report for Abacus Life, Inc. (ABL)

Role: Chief Financial Officer
Signature: /s/ William Hugh McCauley, Jr.
Stock symbol: ABL
Transactions as of: Oct 27, 2023
Transactions value $: $0
Form type: 4
Date filed: 10/31/2023, 01:34 PM
Previous filing: Jul 10, 2023
Next filing: Feb 15, 2024

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	ABL	Restricted Stock Unit	Award	$0	+500K		$0.00	500K	Oct 27, 2023	Common Stock	500K		Direct	F1

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

Explanation of Responses:

Id	Content
F1	On October 27, 2023, the Issuer awarded the Reporting Person 500,000 time-based Restricted Stock Units ("RSUs"), ten percent (10%) of which will vest on Jul 3, 2024, and the remaining ninety percent (90%) of which will vest on July 3, 2026, subject to the terms and conditions of the Issuer's 2023 Long-Term Equity Compensation Incentive Plan (the "Plan") and the RSU award agreement. Upon vesting, each RSU shall be converted to an equivalent number of shares of the Issuer's common stock (or, at the Issuer's option, its cash equivalent).

Content

On October 27, 2023, the Issuer awarded the Reporting Person 500,000 time-based Restricted Stock Units ("RSUs"), ten percent (10%) of which will vest on Jul 3, 2024, and the remaining ninety percent (90%) of which will vest on July 3, 2026, subject to the terms and conditions of the Issuer's 2023 Long-Term Equity Compensation Incentive Plan (the "Plan") and the RSU award agreement. Upon vesting, each RSU shall be converted to an equivalent number of shares of the Issuer's common stock (or, at the Issuer's option, its cash equivalent).