Scannell Timothy J - 11 May 2022 Form 4 Insider Report for AeroClean Technologies, Inc. (MKUL)

Role
Director
Signature
/s/ Ryan Tyler, attorney-in-fact for Mr. Scannell
Issuer symbol
MKUL
Transactions as of
11 May 2022
Net transactions value
$0
Form type
4
Filing time
13 May 2022, 17:03:07 UTC
Previous filing
03 Aug 2021
Next filing
26 May 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 MKUL Restricted Stock Units Award $0 +37,000 $0.000000 37,000 11 May 2022 Common Stock 37,000 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of AERC common stock.
F2 The restricted stock units vest in three equal annual installments beginning May 11, 2023. Any unvested restricted stock units will vest in full immediately prior to the consummation of a change in control (as defined in the award agreement).