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

Signature
/s/ William Hugh McCauley, Jr.
Issuer symbol
ABL
Transactions as of
27 Oct 2023
Net transactions value
$0
Form type
4
Filing time
31 Oct 2023, 13:34:20 UTC
Previous filing
10 Jul 2023
Next filing
15 Feb 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 +500,000 $0.000000 500,000 27 Oct 2023 Common Stock 500,000 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).