Andrew D.c. LaFrence - 10 Jul 2023 Form 3 Insider Report for KORU Medical Systems, Inc. (KRMD)

Reporting relationship: Chief Financial Officer
Issuer ticker: KRMD
Reported as of: 10 Jul 2023
Net transaction value: $0
SEC form: 3
Accepted by SEC: 18 Jul 2023, 20:47:04 UTC
Prior SEC filing: 17 Mar 2022
Next SEC filing: 18 Jul 2023
Source filing: View source filing
Reporting owner signature: /s/ Andrew D. C. LaFrence

Key filing fact

Andrew D.c. LaFrence filed Form 3 for KORU Medical Systems, Inc. (KRMD) on 18 Jul 2023.

Key facts

This page summarizes Andrew D.c. LaFrence's Form 3 filing for KORU Medical Systems, Inc. (KRMD).
0 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 18 Jul 2023, 20:47.

Change

Previous filing in this sequence was filed on 17 Mar 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 3 disclosures.

View source filing

Reported non-derivative transactions

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

KRMD holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 0
Date: 10 Jul 2023
Ownership: Direct

Reported derivative securities

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

KRMD holding Derivative

Option to Purchase Shares of Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
Date: 10 Jul 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 300,000
Exercise price: $2.95
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

Shares are subject to a 4 year vesting schedule. 25% of the Shares vest on the 1 year anniversary of the 07/15/2023 date of grant (the "Vesting Commencement Date"), and the remaining Shares vest as follows: 25% of the Shares at the end of each successive 12 month period following the Vesting Commencement Date.