Mahesh V. Patel - Jan 2, 2025 Form 4/A - Amendment Insider Report for Lipocine Inc. (LPCN)

Role
Chief Executive Officer, Director
Signature
/s/ Mahesh V. Patel
Stock symbol
LPCN
Transactions as of
Jan 2, 2025
Transactions value $
$49,536
Form type
4/A - Amendment
Date filed
1/2/2025, 07:47 PM
Date Of Original Report
Dec 30, 2024
Previous filing
Dec 30, 2024
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 LPCN Stock Option (Right to Buy) Award $49.5K +10.3K +8.43% $4.80 133K Dec 23, 2024 Common Stock 10.3K $4.80 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Subject to vesting whereby 1/3 of the shares subject to the award will vest on December 23, 2025, while the remaining 2/3 of the shares subject to the award will vest monthly on a prorated basis over the following two years.