LOUIS GLECKEL - 09 Jun 2021 Form 4 Insider Report for ProPhase Labs, Inc. (PRPH)

Role: Director
Signature: /s/ Louis Gleckel, MD
Issuer symbol: PRPH
Transactions as of: 09 Jun 2021
Transactions value $: $0
Form type: 4
Filing time: 10 Jun 2021, 16:05:22 UTC
Next filing: 05 Jul 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	PRPH	Option (right to buy)	Award	$0	+100K		$0.00	100K	09 Jun 2021	Common Stock	100K	$5.28	Direct	F1

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

Explanation of Responses:

Id	Content
F1	The transaction reported in this row involves a grant by the Issuer to the Reporting Person of a stock option to purchase the Issuer's common stock, with one-quarter of such stock option vesting on June 30, 2021 and the remaining portion vesting pro rata in equal monthly installments beginning July 31, 2021 and on the last day of each month thereafter, as detailed in a stock option award agreement by and between the Issuer and the Reporting Person, dated as of June 9, 2021.

Content

The transaction reported in this row involves a grant by the Issuer to the Reporting Person of a stock option to purchase the Issuer's common stock, with one-quarter of such stock option vesting on June 30, 2021 and the remaining portion vesting pro rata in equal monthly installments beginning July 31, 2021 and on the last day of each month thereafter, as detailed in a stock option award agreement by and between the Issuer and the Reporting Person, dated as of June 9, 2021.