Benjamin Bielak - 01 Nov 2022 Form 4 Insider Report for iSpecimen Inc. (ISPC)

Signature
/s/ Benjamin Bielak
Issuer symbol
ISPC
Transactions as of
01 Nov 2022
Transactions value $
$48,300
Form type
4
Filing time
04 Nov 2022, 17:26:01 UTC
Previous filing
24 Jun 2022
Next filing
15 Sep 2023

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 ISPC Option Award $48.3K +30K +107.33% $1.61 58K 01 Nov 2022 Common Stock 30K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents stock options granted on November 1, 2022 under the Issuer's 2013 Stock Incentive Plan, 25% of which were subject to a one-year cliff with the remaining 75% vested/to be vested quarterly over three years. The vesting commence date is June 21, 2022. The stock options were awarded as compensation to the Reporting Person for his service as an officer of the Company.