QCLS · Q/C Technologies, Inc.
Trades by corporate insiders — officers, directors and holders of more than 10% of the shares — disclosed to the SEC on Forms 4 and 5. Form 3 supplies initial ownership rather than a trade; Form 4 must be filed within two business days of the trade.
| Date | Insider | Role | Type | Security | Shares |
|---|---|---|---|---|---|
| 2026-04-13 | Silverman Joshua |
Director |
Award↑
Filing footnotes — Common stock (Direct)
Represents a grant of Restricted Stock Units ("RSUs") issued pursuant to an executive compensation agreement, dated April 13, 2026, by and between the Issuer and the Reporting Person. The RSUs vested immediately upon grant on April 13, 2026. |
Common stock
|
162,162 |
| 2026-04-13 | Silverman Joshua |
Director |
Award↑
Filing footnotes — Employee Stock Option (Right to Buy) (Direct)
The stock options are subject to expiration if the Reporting Person ceases to be employed by or provide services to the Issuer. |
Employee Stock Option (Right to Buy)
|
100,000 |
| 2026-04-13 | Glass Mitchell |
Director, Director, Chief Medical Off. |
Award↑
Filing footnotes — Employee Stock Option (Right to Buy) (Direct)
The stock options are subject to expiration if the Reporting Person ceases to be employed by or provide services to the Issuer. |
Employee Stock Option (Right to Buy)
|
50,000 |
| 2026-04-13 | White Billy Joe |
CFO, COO, Secretary & Treas |
Award↑
Filing footnotes — Employee Stock Option (Right to Buy) (Direct)
The stock options are subject to expiration if the Reporting Person ceases to be employed by or provide services to the Issuer. |
Employee Stock Option (Right to Buy)
|
50,000 |
| 2026-04-13 | Friscia Stephen |
Director |
Award↑
Filing footnotes — Employee Stock Option (Right to Buy) (Direct)
The stock options are subject to expiration if the Reporting Person ceases to be employed by or provide services to the Issuer. |
Employee Stock Option (Right to Buy)
|
50,000 |
| 2026-04-13 | Voss Chelsea Sierra |
Director |
Award↑
Filing footnotes — Employee Stock Option (Right to Buy) (Direct)
The stock options are subject to expiration if the Reporting Person ceases to be employed by or provide services to the Issuer. |
Employee Stock Option (Right to Buy)
|
50,000 |
| 2026-04-13 | Bernstein Bruce |
Director |
Award↑
Filing footnotes — Employee Stock Option (Right to Buy) (Direct)
The stock options are subject to expiration if the Reporting Person ceases to be employed by or provide services to the Issuer. |
Employee Stock Option (Right to Buy)
|
50,000 |
| 2026-03-30 | Voss Chelsea Sierra |
Director |
Buy↑
|
Common stock
(I)
|
1,753 |
| 2026-01-16 | Voss Chelsea Sierra |
Director |
Award↑
Filing footnotes — Common stock (Direct)
Represents a grant of RSUs issued in connection with the appointment of the Reporting Person as director of the Issuer's board of directors. The RSUs will vest in four substantially equal installments on each quarterly anniversary of the date of grant, provided that the Reporting Person is employed by or providing services to the Issuer through the applicable vesting dates. |
Common stock
|
25,000 |
| 2026-01-16 | Voss Chelsea Sierra |
Director |
Award↑
Filing footnotes — Common stock (Direct)
Represents a grant of Restricted Stock Units ("RSUs") issued pursuant to a consulting agreement, dated January 16, 2026, by and between the Issuer and the Reporting Person (the "Consulting Agreement"). The RSUs will vest in four substantially equal installments on each quarterly anniversary of the date of grant, provided that the Reporting Person is providing services to the Issuer through the applicable vesting dates. |
Common stock
|
212,500 |
| 2026-01-16 | Voss Chelsea Sierra |
Director |
Award↑
Filing footnotes — Employee Stock Option (Right to Buy) (Direct)
The stock options were granted pursuant to the Consulting Agreement and will vest in four substantially equal installments on each quarterly anniversary of the date of grant, provided that the Reporting Person is employed by or providing services to the Issuer through the applicable vesting dates. |
Employee Stock Option (Right to Buy)
|
212,500 |
| 2025-11-14 | PharmaCyte Biotech, Inc. |
10% Owner |
Buy↑
Filing footnotes — Warrants (Direct)
The Series H Convertible Preferred Stock is convertible into shares of common stock at a conversion price of $3.3713, subject to adjustment. The Series H Convertible Preferred Stock and warrants became convertible upon shareholder approval for the issuance of the underlying common stock at a special meeting held on November 14, 2025. The conversion rights of the Series H Convertible Preferred Stock do not expire. |
Warrants
|
889,865 |
| 2025-11-14 | Bernstein Bruce |
Director |
Award↑
Filing footnotes — Common stock (Direct)
Represents a grant of Restricted Stock Units ("RSUs"). The RSUs were granted to the Reporting Person on October 3, 2025, subject to stockholder approval of an amendment to the Issuer's Q/C Technologies, Inc. 2021 Equity Incentive Plan (the "Plan Amendment"), under which the RSUs were granted. The Issuer's stockholders approved the Plan Amendment on November 14, 2025. The RSUs vested immediately upon issuance. |
Common stock
|
25,000 |
| 2025-11-14 | White Billy Joe |
CFO, COO, Secretary & Treas |
Award↑
Filing footnotes — Common stock (Direct)
Represents a grant of Restricted Stock Units ("RSUs"). The RSUs were granted to the Reporting Person on October 3, 2025, subject to stockholder approval of an amendment to the Issuer's Q/C Technologies, Inc. 2021 Equity Incentive Plan (the "Plan Amendment"), under which the RSUs were granted. The Issuer's stockholders approved the Plan Amendment on November 14, 2025. The RSUs vested immediately upon issuance. |
Common stock
|
22,839 |
| 2025-11-14 | Glass Mitchell |
Director, Director, Chief Medical Off. |
Award↑
Filing footnotes — Common stock (Direct)
Represents a grant of Restricted Stock Units ("RSUs"). The RSUs were granted to the Reporting Person on October 3, 2025, subject to stockholder approval of an amendment to the Issuer's Q/C Technologies, Inc. 2021 Equity Incentive Plan (the "Plan Amendment"), under which the RSUs were granted. The Issuer's stockholders approved the Plan Amendment on November 14, 2025. The RSUs vested immediately upon issuance. |
Common stock
|
11,420 |
| 2025-11-14 | Silverman Joshua |
Director |
Award↑
Filing footnotes — Common stock (Direct)
Represents a grant of Restricted Stock Units ("RSUs"). The RSUs were granted to the Reporting Person on October 3, 2025, subject to stockholder approval of an amendment to the Issuer's Q/C Technologies, Inc. 2021 Equity Incentive Plan (the "Plan Amendment"), under which the RSUs were granted. The Issuer's stockholders approved the Plan Amendment on November 14, 2025. The RSUs vested immediately upon issuance. |
Common stock
|
91,356 |
| 2025-11-14 | Friscia Stephen |
Director |
Award↑
Filing footnotes — Common stock (Direct)
Represents a grant of Restricted Stock Units ("RSUs"). The RSUs were granted to the Reporting Person on October 3, 2025, subject to stockholder approval of an amendment to the Issuer's Q/C Technologies, Inc. 2021 Equity Incentive Plan (the "Plan Amendment"), under which the RSUs were granted. The Issuer's stockholders approved the Plan Amendment on November 14, 2025. The RSUs vested immediately upon issuance. |
Common stock
|
22,839 |
| 2025-11-14 | RAUCH GARY M |
Insider |
Award↑
Filing footnotes — Common stock (Direct)
Represents a grant of Restricted Stock Units ("RSUs"). The RSUs were granted to the Reporting Person on October 3, 2025, subject to stockholder approval of an amendment to the Issuer's Q/C Technologies, Inc. 2021 Equity Incentive Plan (the "Plan Amendment"), under which the RSUs were granted. The Issuer's stockholders approved the Plan Amendment on November 14, 2025. The RSUs vested immediately upon issuance. |
Common stock
|
11,420 |
| 2025-10-03 | Friscia Stephen |
Director |
Award↑
Filing footnotes — Common stock (Direct)
Represents a grant of Restricted Stock Units ("RSUs"). The RSUs vested immediately upon grant on October 3, 2025. |
Common stock
|
2,161 |
| 2025-10-03 | RAUCH GARY M |
Insider |
Award↑
Filing footnotes — Common stock (Direct)
Represents a grant of Restricted Stock Units ("RSUs"). The RSUs vested immediately upon grant on October 3, 2025. |
Common stock
|
1,080 |
| 2025-10-03 | White Billy Joe |
CFO, COO, Secretary & Treas |
Award↑
Filing footnotes — Common stock (Direct)
Represents a grant of Restricted Stock Units ("RSUs"). The RSUs vested immediately upon grant on October 3, 2025. |
Common stock
|
2,161 |
| 2025-10-03 | Silverman Joshua |
Director |
Award↑
Filing footnotes — Common stock (Direct)
Represents a grant of Restricted Stock Units ("RSUs"). The RSUs vested immediately upon grant on October 3, 2025. |
Common stock
|
8,644 |
| 2025-10-03 | Glass Mitchell |
Director, Director, Chief Medical Off. |
Award↑
Filing footnotes — Common stock (Direct)
Represents a grant of Restricted Stock Units ("RSUs"). The RSUs vested immediately upon grant on October 3, 2025. |
Common stock
|
1,080 |
| 2025-09-04 | PharmaCyte Biotech, Inc. |
10% Owner |
Buy↑
Filing footnotes — Series H Convertible Preferred Stock (Direct)
The Series H Convertible Preferred Stock is convertible into shares of common stock at a conversion price of $3.3713, subject to adjustment. The Series H Convertible Preferred Stock and warrants became convertible upon shareholder approval for the issuance of the underlying common stock at a special meeting held on November 14, 2025. The conversion rights of the Series H Convertible Preferred Stock do not expire. |
Series H Convertible Preferred Stock
|
889,865 |
| 2025-04-17 | Glass Mitchell |
Director, Director, Chief Medical Off. |
Award↑
Filing footnotes — Employee Stock Option (Right to Buy) (Direct)
The stock options are subject to expiration if the employment of the Reporting Person is terminated. |
Employee Stock Option (Right to Buy)
|
125,000 |
| 2025-04-17 | RHODES IAN |
Chief Financial Officer |
Award↑
Filing footnotes — Employee Stock Option (Right to Buy) (Direct)
The stock options are subject to expiration if the employment of the Reporting Person is terminated. |
Employee Stock Option (Right to Buy)
|
25,000 |
| 2025-04-17 | RAUCH GARY M |
Insider |
Award↑
Filing footnotes — Employee Stock Option (Right to Buy) (Direct)
The stock options are subject to expiration if the employment of the Reporting Person is terminated. |
Employee Stock Option (Right to Buy)
|
75,000 |
| 2023-08-24 | Rivard Paul |
Chief Legal Officer |
Buy↑
Filing footnotes — Common stock (Direct)
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.045 to $1.15, inclusive. The reporting person undertakes to provide to MyMD Pharmaceuticals, Inc., any security holder of MyMD Pharmaceuticals, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4. |
Common stock
|
150,000 |
| 2023-08-17 | Rivard Paul |
Chief Legal Officer |
Buy↑
|
Common stock
|
25,000 |
| 2023-06-07 | Kaplin Adam |
Chief Scientific Officer |
Award↑
Filing footnotes — Employee Stock Option (Right to Buy) (Direct)
The stock options vest as follows: (i) one third on the date of grant; (ii) one third on the first anniversary of the date of grant; and (iii) one third on the second anniversary of the date of grant, provided that the Reporting Person remains employed by MyMD Pharmaceuticals, Inc. or a subsidiary on the applicable vesting date. |
Employee Stock Option (Right to Buy)
|
150,000 |
| 2023-06-07 | Rivard Paul |
Chief Legal Officer |
Award↑
Filing footnotes — Employee Stock Option (Right to Buy) (Direct)
The stock options vest as follows: (i) one third on the date of grant; (ii) one third on the first anniversary of the date of grant; and (iii) one third on the second anniversary of the date of grant, provided that the Reporting Person remains employed by MyMD Pharmaceuticals, Inc. or a subsidiary on the applicable vesting date. |
Employee Stock Option (Right to Buy)
|
150,000 |
| 2023-06-07 | Silverman Joshua |
Director |
Award↑
Filing footnotes — Employee Stock Option (Right to Buy) (Direct)
The stock options vest as follows: (i) one third on the date of grant; (ii) one third on the first anniversary of the date of grant; and (iii) one third on the second anniversary of the date of grant, provided that the Reporting Person remains employed by MyMD Pharmaceuticals, Inc. or a subsidiary on the applicable vesting date. |
Employee Stock Option (Right to Buy)
|
200,000 |
| 2023-06-07 | EAGLE CRAIG |
Director |
Award↑
Filing footnotes — Employee Stock Option (Right to Buy) (Direct)
The stock options vest as follows: (i) one third on the date of grant; (ii) one third on the first anniversary of the date of grant; and (iii) one third on the second anniversary of the date of grant, provided that the Reporting Person remains employed by MyMD Pharmaceuticals, Inc. or a subsidiary on the applicable vesting date. |
Employee Stock Option (Right to Buy)
|
475,000 |
| 2023-06-07 | White Billy Joe |
CFO, COO, Secretary & Treas |
Award↑
Filing footnotes — Employee Stock Option (Right to Buy) (Direct)
The stock options vest as follows: (i) one third on the date of grant; (ii) one third on the first anniversary of the date of grant; and (iii) one third on the second anniversary of the date of grant, provided that the Reporting Person remains employed by MyMD Pharmaceuticals, Inc. or a subsidiary on the applicable vesting date. |
Employee Stock Option (Right to Buy)
|
150,000 |
| 2023-06-07 | Chapman Christopher C JR |
Director, President, Chief Med. Officer |
Award↑
Filing footnotes — Employee Stock Option (Right to Buy) (Direct)
The stock options vest as follows: (i) one third on the date of grant; (ii) one third on the first anniversary of the date of grant; and (iii) one third on the second anniversary of the date of grant, provided that the Reporting Person remains employed by MyMD Pharmaceuticals, Inc. or a subsidiary on the applicable vesting date. |
Employee Stock Option (Right to Buy)
|
300,000 |
| 2023-06-07 | Uzonwanne Jude |
Director |
Award↑
Filing footnotes — Employee Stock Option (Right to Buy) (Direct)
The stock options vest as follows: (i) one third on the date of grant; (ii) one third on the first anniversary of the date of grant; and (iii) one third on the second anniversary of the date of grant, provided that the Reporting Person remains employed by MyMD Pharmaceuticals, Inc. or a subsidiary on the applicable vesting date. |
Employee Stock Option (Right to Buy)
|
150,000 |
| 2023-06-07 | Schreiber Christopher C |
Director |
Award↑
Filing footnotes — Employee Stock Option (Right to Buy) (Direct)
The stock options vest as follows: (i) one third on the date of grant; (ii) one third on the first anniversary of the date of grant; and (iii) one third on the second anniversary of the date of grant, provided that the Reporting Person remains employed by MyMD Pharmaceuticals, Inc. or a subsidiary on the applicable vesting date. |
Employee Stock Option (Right to Buy)
|
150,000 |
| 2023-04-04 | Chapman Christopher C JR |
Director, President, Chief Med. Officer |
Award↑
Filing footnotes — Employee Stock Option (Right to Buy) (Direct)
The stock options vest as follows: (i) 250,000 on the date of grant; (ii) 250,000 on the first anniversary of the date of grant; and (iii) 250,000 on the second anniversary of the date of grant, provided that the Reporting Person remains employed by MyMD Pharmaceuticals, Inc. or a subsidiary on the applicable vesting date. |
Employee Stock Option (Right to Buy)
|
750,000 |
| 2022-12-08 | Rivard Paul |
Chief Legal Officer |
Buy↑
Filing footnotes — Common stock (Direct)
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.50 to $1.53, inclusive. The reporting person undertakes to provide to MyMD Pharmaceuticals, Inc., any security holder of MyMD Pharmaceuticals, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4. |
Common stock
|
10,000 |
| 2021-11-26 | Silverman Joshua |
Director |
Buy↑
Filing footnotes — Common Stock (Direct)
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.07 to $7.70, inclusive. |
Common Stock
|
5,000 |
| 2021-11-24 | Silverman Joshua |
Director |
Buy↑
Filing footnotes — Common Stock (Direct)
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.97 to $7.17, inclusive. |
Common Stock
|
3,266 |
| 2021-11-24 | Silverman Joshua |
Director |
Buy↑
Filing footnotes — Common Stock (Direct)
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.97 to $6.96, inclusive. The reporting person undertakes to provide to MyMD Pharmaceuticals, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (1), (2), and (3) to this Form 4. |
Common Stock
|
6,734 |
| 2021-11-23 | Rivard Paul |
Chief Legal Officer |
Buy↑
Filing footnotes — Common stock (Direct)
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.97 to $6.05, inclusive. The reporting person undertakes to provide to MyMD Pharmaceuticals, Inc., any security holder of MyMD Pharmaceuticals, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4. |
Common stock
|
15,000 |
| 2021-10-14 | Rivard Paul |
Chief Legal Officer |
Award↑
Filing footnotes — Restricted Stock Units (Direct)
Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock of MyMD Pharmaceuticals, Inc. (the "Company"). The RSUs vest as follows: (i) 33% if the Company's market capitalization equals or exceeds $500,000,000 for at least 10 trading days during any 20 consecutive trading day period ending on or after December 15, 2021 (the "Required Period") and the fair market value (the "FMV") of the common stock equals or exceeds $5.00, subject to standard adjustments (the "Minimum Share Value") during such Required Period, (ii) 33% if the Company's market capitalization equals or exceeds $750,000,000 for the Required Period at the Minimum Share Value, and (iii) the remainder if the Company's market capitalization equals or exceeds $1,000,000,000 for the Required Period at the Minimum Share Value; provided that the RSUs shall vest immediately upon the occurrence of a change in control that values the Company's common stock at least $500,000,000, provided that the Reporting Person is providing services to the Company on the closing date of such change in control. |
Restricted Stock Units
|
200,000 |
| 2021-10-14 | Silverman Joshua |
Director |
Award↑
Filing footnotes — Restricted Stock Units (Direct)
Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock of MyMD Pharmaceuticals, Inc. (the "Company"). The RSUs vest as follows: (i) 33% if the Company's market capitalization equals or exceeds $500,000,000 for at least 10 trading days during any 20 consecutive trading day period ending on or after December 15, 2021 (the "Required Period") and the fair market value (the "FMV") of the common stock equals or exceeds $5.00, subject to standard adjustments (the "Minimum Share Value") during such Required Period, (ii) 33% if the Company's market capitalization equals or exceeds $750,000,000 for the Required Period at the Minimum Share Value, and (iii) the remainder if the Company's market capitalization equals or exceeds $1,000,000,000 for the Required Period at the Minimum Share Value; provided that the RSUs shall vest immediately upon the occurrence of a change in control that values the Company's common stock at least $500,000,000, provided that the Reporting Person is providing services to the Company on the closing date of such change in control. |
Restricted Stock Units
|
600,000 |
| 2021-10-14 | EAGLE CRAIG |
Director |
Award↑
Filing footnotes — Restricted Stock Units (Direct)
Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock of MyMD Pharmaceuticals, Inc. (the "Company"). The RSUs vest as follows: (i) 33% if the Company's market capitalization equals or exceeds $500,000,000 for at least 10 trading days during any 20 consecutive trading day period ending on or after December 15, 2021 (the "Required Period") and the fair market value (the "FMV") of the common stock equals or exceeds $5.00, subject to standard adjustments (the "Minimum Share Value") during such Required Period, (ii) 33% if the Company's market capitalization equals or exceeds $750,000,000 for the Required Period at the Minimum Share Value, and (iii) the remainder if the Company's market capitalization equals or exceeds $1,000,000,000 for the Required Period at the Minimum Share Value; provided that the RSUs shall vest immediately upon the occurrence of a change in control that values the Company's common stock at least $500,000,000, provided that the Reporting Person is providing services to the Company on the closing date of such change in control. |
Restricted Stock Units
|
150,000 |
| 2021-10-14 | Uzonwanne Jude |
Director |
Award↑
Filing footnotes — Restricted Stock Units (Direct)
Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock of MyMD Pharmaceuticals, Inc. (the "Company"). The RSUs vest as follows: (i) 33% if the Company's market capitalization equals or exceeds $500,000,000 for at least 10 trading days during any 20 consecutive trading day period ending on or after December 15, 2021 (the "Required Period") and the fair market value (the "FMV") of the common stock equals or exceeds $5.00, subject to standard adjustments (the "Minimum Share Value") during such Required Period, (ii) 33% if the Company's market capitalization equals or exceeds $750,000,000 for the Required Period at the Minimum Share Value, and (iii) the remainder if the Company's market capitalization equals or exceeds $1,000,000,000 for the Required Period at the Minimum Share Value; provided that the RSUs shall vest immediately upon the occurrence of a change in control that values the Company's common stock at least $500,000,000, provided that the Reporting Person is providing services to the Company on the closing date of such change in control. |
Restricted Stock Units
|
150,000 |
| 2021-10-14 | Chapman Christopher C JR |
Director, President, Chief Med. Officer |
Award↑
Filing footnotes — Restricted Stock Units (Direct)
Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock of MyMD Pharmaceuticals, Inc. (the "Company"). The RSUs vest as follows: (i) 33% if the Company's market capitalization equals or exceeds $500,000,000 for at least 10 trading days during any 20 consecutive trading day period ending on or after December 15, 2021 (the "Required Period") and the fair market value (the "FMV") of the common stock equals or exceeds $5.00, subject to standard adjustments (the "Minimum Share Value") during such Required Period, (ii) 33% if the Company's market capitalization equals or exceeds $750,000,000 for the Required Period at the Minimum Share Value, and (iii) the remainder if the Company's market capitalization equals or exceeds $1,000,000,000 for the Required Period at the Minimum Share Value; provided that the RSUs shall vest immediately upon the occurrence of a change in control that values the Company's common stock at least $500,000,000, provided that the Reporting Person is providing services to the Company on the closing date of such change in control. |
Restricted Stock Units
|
600,000 |
| 2021-10-14 | Kaplin Adam |
Chief Scientific Officer |
Award↑
Filing footnotes — Restricted Stock Units (Direct)
Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock of MyMD Pharmaceuticals, Inc. (the "Company"). The RSUs vest as follows: (i) 33% if the Company's market capitalization equals or exceeds $500,000,000 for at least 10 trading days during any 20 consecutive trading day period ending on or after December 15, 2021 (the "Required Period") and the fair market value (the "FMV") of the common stock equals or exceeds $5.00, subject to standard adjustments (the "Minimum Share Value") during such Required Period, (ii) 33% if the Company's market capitalization equals or exceeds $750,000,000 for the Required Period at the Minimum Share Value, and (iii) the remainder if the Company's market capitalization equals or exceeds $1,000,000,000 for the Required Period at the Minimum Share Value; provided that the RSUs shall vest immediately upon the occurrence of a change in control that values the Company's common stock at least $500,000,000, provided that the Reporting Person is providing services to the Company on the closing date of such change in control. |
Restricted Stock Units
|
600,000 |
| 2021-10-14 | White Billy Joe |
CFO, COO, Secretary & Treas |
Award↑
Filing footnotes — Restricted Stock Units (Direct)
Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock of MyMD Pharmaceuticals, Inc. (the "Company"). The RSUs vest as follows: (i) 33% if the Company's market capitalization equals or exceeds $500,000,000 for at least 10 trading days during any 20 consecutive trading day period ending on or after December 15, 2021 (the "Required Period") and the fair market value (the "FMV") of the common stock equals or exceeds $5.00, subject to standard adjustments (the "Minimum Share Value") during such Required Period, (ii) 33% if the Company's market capitalization equals or exceeds $750,000,000 for the Required Period at the Minimum Share Value, and (iii) the remainder if the Company's market capitalization equals or exceeds $1,000,000,000 for the Required Period at the Minimum Share Value; provided that the RSUs shall vest immediately upon the occurrence of a change in control that values the Company's common stock at least $500,000,000, provided that the Reporting Person is providing services to the Company on the closing date of such change in control. |
Restricted Stock Units
|
150,000 |