chun-hsien tsai - 30 Jun 2023 Form 4 Insider Report for Ainos, Inc. (AIMD)

Role
CEO, PRESIDENT, CHAIRMAN, Director
Signature
/s/ John Junyong Lee POA for Chun-Hsien Tsai
Issuer symbol
AIMD
Transactions as of
30 Jun 2023
Transactions value $
$0
Form type
4
Filing time
05 Jul 2023, 18:26:44 UTC
Previous filing
26 Oct 2022
Next filing
16 Nov 2023
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 $9.15K +7.5K +2.11% $1.22 363K 30 Jun 2023 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 -50K -50% 50K 24 Oct 2022 COMMON 50K Direct F2
transaction AIMD RSU issuance Conversion of derivative security -$9.15K -7.5K -15% $1.22 42.5K 30 Jun 2023 COMMON 7.5K $1.22 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This reported transaction represents the conversion of 7,500 Restricted Stock Units (the "RSUs")
F2 Reference is made to the RSUs granted under the 2023 Stock Incentive Plan. 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 a stockholder. Except as otherwise agreed, if the Reporting Person's participation is terminated for any reason prior to the date that all of its RSU have vested, all vesting rights shall cease and all unvested RSU shall be forfeited for no consideration as of the date termination. The RSUs will vest in increments of 15% on 4/24/23 and 10/24/23, 30% on 10/24/24 and 40% on 10/24/25, subject to normal and customary termination events.