George H. Scholl - 31 Dec 2022 Form 5 Insider Report for iSpecimen Inc. (ISPC)

Reporting relationship: Director
Issuer ticker: ISPC
Reported as of: 31 Dec 2022
Net transaction value: $0
SEC form: 5
Accepted by SEC: 10 Feb 2023, 18:44:16 UTC
Prior SEC filing: 14 Feb 2022
Next SEC filing: 13 Jan 2023
Source filing: View source filing
Reporting owner signature: /s/ George Scholl

Key filing fact

George H. Scholl filed Form 5 for iSpecimen Inc. (ISPC) on 10 Feb 2023.

Key facts

This page summarizes George H. Scholl's Form 5 filing for iSpecimen Inc. (ISPC).
1 reported transaction and 0 derivative rows are listed below.
Accepted by SEC: 10 Feb 2023, 18:44.

Change

Previous filing in this sequence was filed on 14 Feb 2022.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Official SEC source

Ownership activity is grounded in SEC Form 5 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

ISPC transaction

Common Stock

Award

Transaction value
Shares: +625
Change %: +25%
Price
Shares after: 3,125
Date: 01 Oct 2022
Ownership: Direct
Footnotes: F1, F2

ISPC holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 841,981
Date: 31 Dec 2022
Ownership: See Footnote
Footnotes: F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Represents shares underlying certain restricted stock units ("RSUs"), each of which is a contingent right to receive one share of common stock at settlement subject to the terms and conditions set forth in the award of such RSUs by the Issuer to the Reporting Person pursuant to a Restricted Stock Unit Award Agreement (the "RSU Agreement"). 625 RSUs vested in one installment on December 31, 2022 and were settled on January 3, 2023, subject to the terms and conditions set forth in the RSU Agreement and as a result, 625 shares of common stock were issued to the Reporting Person.

Footnote F2

The RSUs were awarded as compensation to the Reporting Person for his service as a director of the Company.

Footnote F3

The indirect ownership consists of 841,981 shares of common stock owned by OBF Investments, LLC. Mr. Scholl is the President and Chief Executive Officer of OBF Investments, LLC.