Patrick F. Williams - Feb 13, 2024 Form 4 Insider Report for BioRestorative Therapies, Inc. (BRTX)

Role
Director
Signature
/s/ Patrick F. Williams
Stock symbol
BRTX
Transactions as of
Feb 13, 2024
Transactions value $
$0
Form type
4
Date filed
2/15/2024, 04:25 PM
Previous filing
Aug 11, 2023
Next filing
Mar 11, 2024
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 BRTX Stock Option Award $0 +79.6K $0.00 79.6K Feb 13, 2024 Common Stock 79.6K $1.45 Direct F3
holding BRTX Stock Option 10.5K Feb 13, 2024 Common Stock 10.5K $5.08 Direct F1
holding BRTX Stock Option 32K Feb 13, 2024 Common Stock 32K $2.91 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option is currently exercisable.
F2 The option vests and becomes exercisable in twelve monthly installments of 2,669 shares beginning on March 17, 2023 and continuing every month thereafter until fully vested.
F3 The option vests and becomes exercisable in twelve nearly equal monthly installments of 6,637 shares beginning on March 13, 2024 and continuing every month thereafter until fully vested.