Mark Edward Doerr - 18 Aug 2023 Form 4 Insider Report for MedAvail Holdings, Inc.

Role
Chief Executive Officer, Director
Signature
/s/Ramona Seabaugh, Attorney-in-Fact for Mark Edward Doerr
Issuer symbol
N/A
Transactions as of
18 Aug 2023
Net transactions value
$0
Form type
4
Filing time
21 Aug 2023, 16:47:52 UTC
Previous filing
07 Mar 2023
SEC
View on sec.gov

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 +125,000 $0.000000 125,000 18 Aug 2023 Common Stock 125,000 $8.30 Direct F1
transaction MDVL Restricted Stock Units Award $0 +125,000 $0.000000 125,000 18 Aug 2023 Common Stock 125,000 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.