IPDN · Professional Diversity Network, Inc.

On June 28, 2024, the Company entered into a stock purchase agreement of 1,000,000 shares of the Company's common stock at a unit price of $0.495 with Eighty-eight Investment LLC, wholly owned and controlled by Mr. He. The Agreement resulted in aggregate proceeds of $495,000.

On July 18, 2023, the Company granted an award of 120,000 shares of Restricted Stock Units to Mr. He in connection with the execution of an employment agreement between the Company and Mr. He. The Restricted Stock Units issued to the Executive will vest one third (1/3) annually. The last 40,000 shares underlying the Restricted Stock Units will vest on July 18, 2025.

Each RSU represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.

On July 18, 2023, the Company granted an award of 120,000 shares of Restricted Stock Units to Mr. He in connection with the execution of an employment agreement between the Company and Mr. He. The Restricted Stock Units issued to the Executive will vest one third (1/3) annually. The last 40,000 shares underlying the Restricted Stock Units will vest on July 18, 2025.

Mr. He received 13,289 shares as bonus compensation on July 19, 2023.

Each RSU represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.

On July 18, 2023, the Company granted an award of 120,000 shares of Restricted Stock Units to Mr. He in connection with the execution of an employment agreement between the Company and Mr. He. The Restricted Stock Units issued to the executive will vest in accordance with the following schedule: (i) 40,000 shares underlying the Restricted Stock Units were vested on July 19, 2023, (ii) 40,000 shares underlying the Restricted Stock Units will vest on July 18, 2024, and (iii) 40,000 shares underlying the Restricted Stock Units will vest on July 18, 2025.

Includes an option to acquire 15,000 shares of the Issuer's Common Stock that was issued to Mr. He prior to the reported transactions.

Mr. Aichler received 6,645 shares as bonus compensation on July 19, 2023.

Mr. Aichler also holds an option to acquire 15,000 shares of the Issuer's Common Stock that was issued prior to the reported transaction.

On July 18, 2023, the Company granted an award of 120,000 shares of Restricted Stock Units to Mr. He in connection with the execution of an employment agreement between the Company and Mr. He. The Restricted Stock Units issued to the executive will vest in accordance with the following schedule: (i) 40,000 shares underlying the Restricted Stock Units were vested on July 19, 2023, (ii) 40,000 shares underlying the Restricted Stock Units will vest on July 18, 2024, and (iii) 40,000 shares underlying the Restricted Stock Units will vest on July 18, 2025.

Each RSU represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.

The RSUs are to be vested automatically on June 14, 2024 under the non-employee director compensation policy and the applicable RSU agreement.

Includes 12,671 shares owned by Mr. Renn.

Each RSU represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.

The RSUs are to be vested automatically on June 14, 2024 under the non-employee director compensation policy and the applicable RSU agreement.

Includes 27,208 shares owned by Ms. Shea.

Each RSU represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.

The RSUs are to be vested automatically on June 14, 2024 under the non-employee director compensation policy and the applicable RSU agreement.

Includes 48,897 shares owned by Mr. Zhang.

Each RSU represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.

The RSUs are to be vested automatically on June 14, 2024 under the non-employee director compensation policy and the applicable RSU agreement.

Includes 13,823 shares owned by Mr. Liu.

Each RSU represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.

The RSUs are to be vested automatically on June 14, 2024 under the non-employee director compensation policy and the applicable RSU agreement.

Includes 37,693 shares owned by Mr. Belsky.

Mr. Aichler owned 1,000 shares of common stock of the Company directly after the transactions reported hereunder and 30,000 granted options to acquire common stock at $2.10 per share, among which one-third of these options vested on the first anniversay of the grant date (June 14, 2021), one-third vested on the second anniversary of such grant date (June 14, 2022), the remaining third will vest on the third anniversary of the grant date.

Mr. Hall owned 20,000 vested options to acquire common stock at $27.60 (recalculted after a 1-8 reverse split in September 2016) per share prior to the reported transaction.

Mr. Aichler owned 15,000 shares of common stock of the Company directly and 30,000 granted options to acquire common stock at $2.10 per share, among which one-third of these options vest on the first anniversay of the grant date (June 14, 2021), one-third vest on the second anniversary of such grant date, the remaining third vest on the third anniversary of the grant date.

Mr. He owned 31,299 shares of common stock of the Company directly and 30,000 vested options to acquire common stock at $2.23 per share prior to the reported transaction. On June 25,2020, the Company granted an award of 300,000 shares of Restricted Stock Units to Mr. He, among which 200,000 shares underlying the Restricted Stock Units were vested and 100,000 shares underlying the Restricted Stock Units will be vested on June 25, 2022.

Mr. He owned 16, 299 shares of common stock of the Company directly and 30,000 vested options to acquire common stock at $2.23 per share prior to the reported transaction. On June 25,2020, the Company granted an award of 300,000 shares of Restricted Stock Units to Mr. He, among which 200,000 shares underlying the Restricted Stock Units were vested and 100,000 shares underlying the Restricted Stock Units will be vested on June 25, 2022.

Such 11,905 restricted stock units shall be vested on June 13, 2022.

Each restricted stock unit represents the contingent right to receive one share of common stock upon vesting of the unit.

Such 11,905 restricted stock units shall be vested on June 13, 2022.

Each restricted stock unit represents the contingent right to receive one share of common stock upon vesting of the unit.

Such 11,905 restricted stock units shall be vested on June 13, 2022.

Each restricted stock unit represents the contingent right to receive one share of common stock upon vesting of the unit.

Such 11,905 restricted stock units shall be vested on June 13, 2022.

Each restricted stock unit represents the contingent right to receive one share of common stock upon vesting of the unit.

Such 11,905 restricted stock units shall be vested on June 13, 2022.

Each restricted stock unit represents the contingent right to receive one share of common stock upon vesting of the unit.

On June 25, 2021, the Company granted an option to purchase 30,000 shares of Common Stock to Mr. O'Brien. The options issued to the executive will vest in accordance with the following schedule: (i) 10,000 shares underlying the option will vest on June 25, 2021, (ii) 10,000 shares underlying the option will vest on June 25, 2022, and (iii) 10,000 shares underlying the option will vest on June 25, 2023. The options will expire on June 25, 2030