Form 4 for AIMD Ainos, Inc.
Accepted 2022-10-26 00:00:00 ET · period of report 2022-10-24 · accession 0001654954-22-014266 · 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 | 2022-10-26 | 2022-10-24 | AIMD | Wu Hui-Lan | CFO | A - Grant | $1.89 | +133.3K | 144.5K | +1,190% | +$252.0K |
| DI | 2022-10-26 | 2022-08-09 | AIMD | Wu Hui-Lan | CFO | A - Grant | $3.40 | +14.7K | 18.9K | +350% | +$50.0K |
| D | 2022-10-26 | 2022-10-24 | AIMD | Wu Hui-Lan | CFO | C - Cnv Deriv | $1.89 | -2.00M | 0 | -100% | -$3.78M |
| D | 2022-10-26 | 2022-10-24 | AIMD | Wu Hui-Lan | CFO | A - Grant | — | +35.0K | 35.0K | 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 | 2022-10-24 | A | A | 133,333 | $1.89 | 144,533 | D | — | — | (F3) This reported transaction represents the settlement of 2,000,000 RSUs adjusted to 133,333 common stock after giving effect the Reverse Stock Split |
| 2 | Common | Common Stock | 2022-08-09 | A | A | 14,705 | $3.40 | 18,905 | I Daughter | — | — | (F2) Reference is made to that certain Convertible Note Purchase Agreement and Convertible Promissory Note ("Note") in the principal amount of $50,000 between the Issuer and the Reporting Person's daughter, Yu-Huan Liao. The Note bears no interest, matures on March 30, 2027, and is subject to mandatory conversion at a conversion price of 80% of an initial property offering price (if the Issuer conducts an initial public offering). On 08/11/22, the Company completed a public offering at a $4.25 per unit price ("Offering") and a 15-for-1 reverse stock split on 08/08/22 ("Reverse Split"). Transaction reflects an acquisition price of $3.40 per share (80% of the Offering) and the 14,705 issued shares give effect to the Reverse Split. (F1) Yun-Huan Liao is Hui-Lan Wu's daughter |
| 3 | Derivative | RSU | 2022-10-24 | C | D | 2,000,000 | $1.89 | 0 | D | $1.89 · 2022-09-30 to — | 133,333 COMMON | (F4) This reported transaction represents the conversion of 2,000,000 Restricted Stock Units (the "RSUs") adjusted to 133,333 shares giving effect to the Reverse Stock Split. The RSUs were originally granted pursuant to an employment Mandate Agreement dated March 17, 2022 (the "Mandate Agreement") under the Company's 2021 Stock Incentive Plan. The converted shares underlying the RSUs vested on September 30, 2022 and are may not be sold within 6 months of the grant date. (F6) N/A |
| 4 | Derivative | RSU | 2022-10-24 | A | A | 35,000 | — | 35,000 | D | — · — to — | 35,000 COMMON | (F5) This reported transaction represents the granting of 35,000 Restricted Stock Units (the "RSUs"). The RSUs were originally authorized pursuant to an employment Mandate Agreement dated March 17, 2022 (the "Mandate Agreement") and under the Company's 2021 Stock Incentive Plan. 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. |