Thomas Olivier - 19 Aug 2022 Form 4 Insider Report for BRAIN SCIENTIFIC INC. (BRSF)

Role: Director
Signature: /s/ Thomas Olivier
Issuer symbol: BRSF
Transactions as of: 19 Aug 2022
Transactions value $: $0
Form type: 4
Filing time: 24 Aug 2022, 17:18:33 UTC
Previous filing: 05 Apr 2022
Next filing: 18 Apr 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	BRSF	Options to purchase Common Stock	Award	$0	+304,608		$0	304,608	19 Aug 2022	Common Stock	304,608	$0.12	Direct	F1

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

Explanation of Responses:

Id	Content
F1	304,608 stock options (the "Options") were granted to Mr. Olivier on August 19, 2022 (the "Date of Grant"), pursuant to the Brain Scientific 2022 Stock Incentive Plan. The Options shall vest and become exercisable on the following schedule: (i) 61,552 Options shall vest immediately, (ii) 69,444 Options shall vest on August 30, 2022, (iii) 69,444 Options shall vest on September 30, 2022, (iv) 69,444 Options shall vest on October 30, 2022, and (v) 34,724 Options shall vest on November 15, 2022.

Content

304,608 stock options (the "Options") were granted to Mr. Olivier on August 19, 2022 (the "Date of Grant"), pursuant to the Brain Scientific 2022 Stock Incentive Plan. The Options shall vest and become exercisable on the following schedule: (i) 61,552 Options shall vest immediately, (ii) 69,444 Options shall vest on August 30, 2022, (iii) 69,444 Options shall vest on September 30, 2022, (iv) 69,444 Options shall vest on October 30, 2022, and (v) 34,724 Options shall vest on November 15, 2022.