Gregory C. Davis - 24 Aug 2021 Form 4 Insider Report for SHARPS COMPLIANCE CORP (SMED)

Role: Vice President of Operations
Signature: Diana Diaz
Issuer symbol: SMED
Transactions as of: 24 Aug 2021
Transactions value $: $226,816
Form type: 4
Filing time: 26 Aug 2021, 16:50:57 UTC
Previous filing: 21 Jul 2021
Next filing: 17 Aug 2022
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	SMED	Sharps Compliance 2010 Stock Plan Options	Award	$226,816	+25,600	+1.46%	$8.86	43,100	24 Aug 2021	Common Stock	25,600	$8.86	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Mr. Davis was granted options to purchase 25,600 shares of common stock under the Sharps Compliance 2010 Stock Plan which vests as follows: one-fourth on August 20, 2022, one-fourth on August 20, 2023, one-fourth on August 20, 2024 and one-fourth on August 20, 2025. The exercise price of stock is $8.86 according to the agreement. Upon a change in control, as defined in the 2010 Stock Plan, any unvested stock options become fully vested.

Content

Mr. Davis was granted options to purchase 25,600 shares of common stock under the Sharps Compliance 2010 Stock Plan which vests as follows: one-fourth on August 20, 2022, one-fourth on August 20, 2023, one-fourth on August 20, 2024 and one-fourth on August 20, 2025. The exercise price of stock is $8.86 according to the agreement. Upon a change in control, as defined in the 2010 Stock Plan, any unvested stock options become fully vested.