Timothy Ruemler - 14 Apr 2022 Form 3 Insider Report for Sharps Technology Inc. (STSS)

Role
Director
Signature
/s/ Timothy J. Ruemler
Issuer symbol
STSS
Transactions as of
14 Apr 2022
Net transactions value
$0
Form type
3
Filing time
18 Apr 2022, 20:42:32 UTC
Next filing
04 May 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding STSS Common Stock 861,006 14 Apr 2022 Direct

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 STSS Option (Right to Buy) 14 Apr 2022 Common Stock 28,571 $7.00 Direct F1
holding STSS Option (Right to Buy) 14 Apr 2022 Common Stock 142,857 $4.38 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Twenty-five (25%) percent has vested on the original grant date, 09/15/2021. Twenty-five (25%) percent of the Option shall vest on 09/15/2022, one (1) year after the original grant date, 09/15/2021. The remaining fifty (50%) percent of the Option shall vest on 09/15/2023, two (2) years after the original grant date, 09/15/2021.
F2 Thirty-three and three tenths (33.3%) percent of the Option has vested on 11/12/2020, the original grant date. Thirty-three and three tenths (33.3%) percent of the Option has vested on 11/12/2021, one (1) year after the original grant date, 11/12/2020. The remaining thirty-three and three tenths (33.3%) percent of the Option shall vest on 11/12/2022, two (2) years after the original grant date, 11/12/2020.