Form 4 for CDIO Cardio Diagnostics Holdings, Inc.
Accepted 2023-10-03 00:00:00 ET · period of report 2023-09-30 · accession 0001486189-23-000029 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-10-03 | 2023-09-30 | CDIO | Sim Brandon | Dir | M - OptEx | $0.34 | +36.8K | 57.8K | +175% | +$12.5K |
| D | 2023-10-03 | 2023-09-30 | CDIO | Sim Brandon | Dir | M - OptEx | — | 0 | 12.5K | New | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-09-30 | M | A | 36,765 | $0.34 | 57,773 | D | — | — | |
| 2 | Derivative | Restricted Stock Units | 2023-09-30 | M | A | — | $0.00 | 12,500 | D | $0.00 · 2023-09-30 to 2023-12-31 | 12,500 Common Stock | (F4) The RSUs were granted pursuant to the Issuers 2022 Equity Incentive Plan. (F2) Each RSU is the economic equivalent of one share of Cardio Diagnostics Holdings, Inc. common stock. On September 30, 2023, $12,500 in value of RSUs vested and were settled at the price of $0.34, which was the closing price of the Company Common Stock on the vesting date. The settlement shares are reflected in Table I. (F3) On June 19, 2023, the reporting person was awarded $50,000 in value of RSUs, $25,000 in value of which vested on June 30, 2023 and $12,500 in value of which vested on September 30, 2023. Subject to continued service with the Issuer on the vesting date, the RSUs will continue to vest $12,500 in value on December 31, 2023 based on the closing price of the Issuers common stock on the vesting date. |