LARRY AICHLER - 14 Jun 2021 Form 3 Insider Report for Professional Diversity Network, Inc. (IPDN)

Role: Interim CFO
Signature: /s/ Larry Aichler
Issuer symbol: IPDN
Transactions as of: 14 Jun 2021
Net transactions value: $0
Form type: 3
Filing time: 19 Jul 2021, 08:35:25 UTC
Next filing: 15 Oct 2021
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
holding	IPDN	Employee Stock Option (right to buy)							14 Jun 2021	Common Stock	30,000	$2.10	Direct	F1

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

Explanation of Responses:

Id	Content
F1	On June 14, 2021, the Company granted an option to purchase 30,000 shares of Common Stock to Mr. Aichler. The options issued to the executive will vest in accordance with the following schedule: (i) 10,000 shares underlying the option will vest on June 14, 2022, (ii) 10,000 shares underlying the option will vest on June 14, 2023, and (iii) 10,000 shares underlying the option will vest on June 14, 2024.

Content

On June 14, 2021, the Company granted an option to purchase 30,000 shares of Common Stock to Mr. Aichler. The options issued to the executive will vest in accordance with the following schedule: (i) 10,000 shares underlying the option will vest on June 14, 2022, (ii) 10,000 shares underlying the option will vest on June 14, 2023, and (iii) 10,000 shares underlying the option will vest on June 14, 2024.