chun-hsien tsai - 15 Sep 2024 Form 4 Insider Report for Ainos, Inc. (AIMD)

Role: CEO, PRESIDENT, CHAIRMAN, Director
Signature: /s/ Chun-Hsien Tsai
Issuer symbol: AIMD
Transactions as of: 15 Sep 2024
Transactions value $: $9,281
Form type: 4
Filing time: 17 Sep 2024, 17:09:49 UTC
Previous filing: 20 Aug 2024
Next filing: 15 Nov 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AIMD	COMMON STOCK	Award	$9.28K	+17.5K	+5.79%	$0.53	320K	15 Sep 2024	Direct	F1

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	AIMD	RSU	Award		+117K			117K	15 Sep 2024	Common Stock	117K		Direct	F1
transaction	AIMD	RSU	Conversion of derivative security		-17.5K	-15%		99.2K	15 Sep 2024	Common Stock	17.5K		Direct	F1

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

Explanation of Responses:

Id	Content
F1	Reference is made to 116,743 restricted stock units (RSUs) granted under the Ainos, Inc. 2023 Stock Incentive Plan on September 15, 2024. Each RSU represents a right to receive one (1) share of common stock upon vesting and the expiration of any applicable restricted period or, if approved, the cash value thereof (or any combination thereof). Holders of RSUs have no rights or privileges as stockholders. Except as otherwise agreed, if the Reporting Person's participation is terminated for any reason prior to the date that all of its RSUs have vested, all vesting rights shall cease and all unvested RSUs shall be forfeited for no consideration as of the date termination. Vesting dates related to the 116,743 RSUs are as follows: 15% on 9/15/24, 15% on 8/15/2025, 30% on 8/15/2026 and 40% on 8/15/27.

Content

Reference is made to 116,743 restricted stock units (RSUs) granted under the Ainos, Inc. 2023 Stock Incentive Plan on September 15, 2024. Each RSU represents a right to receive one (1) share of common stock upon vesting and the expiration of any applicable restricted period or, if approved, the cash value thereof (or any combination thereof). Holders of RSUs have no rights or privileges as stockholders. Except as otherwise agreed, if the Reporting Person's participation is terminated for any reason prior to the date that all of its RSUs have vested, all vesting rights shall cease and all unvested RSUs shall be forfeited for no consideration as of the date termination. Vesting dates related to the 116,743 RSUs are as follows: 15% on 9/15/24, 15% on 8/15/2025, 30% on 8/15/2026 and 40% on 8/15/27.