Brad Michael Roberts - 13 Jun 2023 Form 4 Insider Report for LifeMD, Inc. (LFMD)

Reporting relationship: COO
Issuer ticker: LFMD
Reported as of: 13 Jun 2023
Net transaction value: $0
SEC form: 4
Accepted by SEC: 15 Jun 2023, 21:12:20 UTC
Prior SEC filing: 30 May 2023
Source filing: View source filing
Reporting owner signature: /s/ Brad Michael Roberts

Key filing fact

Brad Michael Roberts filed Form 4 for LifeMD, Inc. (LFMD) on 15 Jun 2023.

Key facts

This page summarizes Brad Michael Roberts's Form 4 filing for LifeMD, Inc. (LFMD).
2 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 15 Jun 2023, 21:12.

Change

Previous filing in this sequence was filed on 30 May 2023.
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

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

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

LFMD transaction

Common Stock

Award

Transaction value
Shares: +150,000
Change %: +154%
Price
Shares after: 247,632
Date: 13 Jun 2023
Ownership: Direct
Footnotes: F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

LFMD transaction Derivative

Employee Stock Option (Right to Buy)

Disposed to Issuer

Transaction value
Shares: -200,000
Change %: -100%
Price
Shares after: 0
Date: 13 Jun 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 200,000
Exercise price: $7.50
Footnotes: F1

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

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 1 footnote

Footnote F1

The options are being cancelled in exchange for 150,000 restricted shares vesting on January 1, 2024 and performance shares to be reported until settlement. 35,000 of the stock options vested on January 8, 2021, with the remaining stock options scheduled to vest in equal monthly tranches, based on the passage of time, over the following 30 months.