Firman Leung - 14 Jun 2022 Form 4 Insider Report for MIDWEST HOLDING INC. (MDWT)

Role
Director
Signature
Firman Leung
Issuer symbol
MDWT
Transactions as of
14 Jun 2022
Transactions value $
$0
Form type
4
Filing time
16 Jun 2022, 15:12:44
Previous filing
15 Nov 2021
Next filing
07 Jun 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MDWT Voting Common Stock Award $0 +2.67K +367.81% $0.00 3.4K 14 Jun 2022 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
holding MDWT Stock Option (right to buy) 100 14 Jun 2022 Voting Common Stock 100 $25.00 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported shares underlie a restricted stock unit award which vests on the earlier of the first anniversary of its date of grant and the next date of the annual meeting of stockholders, subject to the terms of the restricted stock unit agreement and the Issuer's Long-Term Incentive Plan. Each restricted stock unit represents the contingent right to receive one share of voting common stock of the Issuer.
F2 33 shares became exercisable on July 17, 2021, and the remaining 67 shares will become exercisable on July 17, 2023.