Cary Sucoff - 09 Sep 2024 Form 4 Insider Report for IMAC Holdings, Inc. (BACK)

Role
Director
Signature
/s/ Cary W. Sucoff
Issuer symbol
BACK
Transactions as of
09 Sep 2024
Transactions value $
$0
Form type
4
Filing time
11 Sep 2024, 17:49:57 UTC
Previous filing
27 Dec 2023
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 BACK Restricted Stock Units Award $0 +3,333 $0 3,333 09 Sep 2024 Common Stock 3,333 Direct F1
transaction BACK Stock Option (right to buy) Award $0 +10,000 $0 10,000 09 Sep 2024 Common Stock 10,000 $2.5 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units ("RSUs") convert into common stock on a one-for-one basis. The RSUs vest on September 9, 2025. The RSUs were granted under the Issuer's 2018 Incentive Compensation Plan (the "Plan") for service as a director during 2024.
F2 Such options were granted under the Plan for service as a director during 2024. Such options will vest upon such date as the Issuer is in compliance with certain of The Nasdaq Stock Market's continued listing requirements.