Warren Hirsch - 16 Jun 2023 Form 4/A - Amendment Insider Report for ProPhase Labs, Inc. (PRPH)

Role
Director
Signature
/s/ Warren Hirsch
Issuer symbol
PRPH
Transactions as of
16 Jun 2023
Net transactions value
$0
Form type
4/A - Amendment
Filing time
22 Jun 2023, 20:19:40 UTC
Date Of Original Report
21 Jun 2023
Previous filing
05 Jul 2022
Next filing
21 Jun 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 PRPH Option (right to buy) Award $0 +40,000 $0.000000 40,000 16 Jun 2023 Common Stock 40,000 $7.31 Direct F1, F2
* 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 such option vesting in four equal installments on September 30, 2023, December 31, 2023, March 31, 2024 and June 30, 2024, provided the recipient continues to serve as a non-employee director of the Issuer on each such vesting date, as detailed in a stock option award agreement by and between the Issuer and the Reporting Person, dated as of June 16, 2023.
F2 This amended report on Form 4 is being filed to correct the Transaction Date and Expiration Date of the Option, which were inadvertently misreported in the original Form 4 filed on June 21, 2023.