Mark L. Baum - Apr 3, 2025 Form 4 Insider Report for HARROW, INC. (HROW)

Role: Chief Executive Officer, Director, 10%+ Owner
Signature: /s/ Mark L. Baum
Stock symbol: HROW
Transactions as of: Apr 3, 2025
Transactions value $: -$6,935,382
Form type: 4
Date filed: 4/7/2025, 09:54 PM
Previous filing: Mar 25, 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HROW	Common Stock	Options Exercise	$0	+762K	+35.66%	$0.00	2.9M	Apr 3, 2025	Direct	F1
transaction	HROW	Common Stock	Tax liability	-$6.94M	-300K	-10.36%	$23.09	2.6M	Apr 7, 2025	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	HROW	Performance Stock Unit	Options Exercise	$0	-762K	-100%	$0.00	0	Apr 3, 2025	Common Stock	762K		Direct	F1

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

Explanation of Responses:

Id	Content
F1	The 762,300 shares of Harrow, Inc. ("Harrow") common stock listed in Table I as "Acquired" represent shares upon vesting of performance stock units ("PSUs") granted to Mr. Baum under Harrow's 2017 Stock Incentive and Awards Plan (the "Incentive Plan") on April 3, 2023. The PSUs vested on April 3, 2025 and were settled in full in shares of Harrow common stock (on a one-for-one basis) on April 7, 2025, following attainment of (i) a two-year service period, and (ii) the achievement of Harrow common stock price targets ranging from $25 - $50. The 300,363 shares of Harrow common stock listed in Table I as "Disposed" were not sold by Mr. Baum in any market transaction; rather, they were shares of Harrow common stock withheld by the Company for payroll tax purposes from the same aforementioned 762,300 shares pursuant to the terms of the Incentive Plan.

Content

The 762,300 shares of Harrow, Inc. ("Harrow") common stock listed in Table I as "Acquired" represent shares upon vesting of performance stock units ("PSUs") granted to Mr. Baum under Harrow's 2017 Stock Incentive and Awards Plan (the "Incentive Plan") on April 3, 2023. The PSUs vested on April 3, 2025 and were settled in full in shares of Harrow common stock (on a one-for-one basis) on April 7, 2025, following attainment of (i) a two-year service period, and (ii) the achievement of Harrow common stock price targets ranging from $25 - $50. The 300,363 shares of Harrow common stock listed in Table I as "Disposed" were not sold by Mr. Baum in any market transaction; rather, they were shares of Harrow common stock withheld by the Company for payroll tax purposes from the same aforementioned 762,300 shares pursuant to the terms of the Incentive Plan.