Ramona Seabaugh - Aug 18, 2023 Form 4 Insider Report for MedAvail Holdings, Inc. (MDVL)

Role
Chief Financial Officer
Signature
/s/Ramona Seabaugh
Stock symbol
MDVL
Transactions as of
Aug 18, 2023
Transactions value $
$0
Form type
4
Date filed
8/21/2023, 04:27 PM
Previous filing
Mar 23, 2023
Next filing
Oct 2, 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 MDVL Stock Options (Right to Buy) Award $0 +57.5K $0.00 57.5K Aug 18, 2023 Common Stock 57.5K $8.30 Direct F1
transaction MDVL Restricted Stock Units Award $0 +57.5K $0.00 57.5K Aug 18, 2023 Common Stock 57.5K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 1/4th of the shares subject to the option shall vest on August 18, 2024 (the "Initial Vesting Date") and an additional 1/48th of the shares subject to the option shall vest each month thereafter on the same day of the month as the Initial Vesting Date.
F2 Each restricted stock unit represents a contingent right to receive one share of Common Stock of MedAvail Holdings, Inc.
F3 1/3rd of the shares subject to the restricted stock units shall vest on each of August 18, 2024, August 18, 2025 and August 18, 2026.