Mahesh V. Patel - 08 Mar 2024 Form 4 Insider Report for Lipocine Inc. (LPCN)

Role
CEO and President, Director
Signature
/s/ Mahesh V. Patel
Issuer symbol
LPCN
Transactions as of
08 Mar 2024
Net transactions value
$0
Form type
4
Filing time
12 Mar 2024, 17:53:28 UTC
Previous filing
25 May 2023
Next filing
30 Dec 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LPCN Common Stock Award $0 +4,893 +4.6% $0.000000 112,311 08 Mar 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units subject to vesting whereby 1/3 of the shares subject to the award will vest on the one-year anniversary of March 8, 2025, while the remaining 2/3 of the shares subject to the award will vest semi-annually on a prorated basis over the following two years.