Tracy Curley - Nov 1, 2022 Form 4 Insider Report for iSpecimen Inc. (ISPC)

Role: Interim CEO, CFO and Treasurer
Signature: /s/ Tracy Curley
Stock symbol: ISPC
Transactions as of: Nov 1, 2022
Transactions value $: $161,000
Form type: 4
Date filed: 11/4/2022, 05:27 PM
Previous filing: Jun 24, 2022
Next filing: Jun 1, 2023

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
transaction	ISPC	Option	Award	$161K	+100K		$1.61	100K	Nov 1, 2022	Common Stock	100K		Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents 91,235 and 8,765 options granted on November 1, 2022 under the Issuer's 2013 Stock Incentive Plan and the 2021 Stock Incentive Plan, respectively, 25% of which were subject to a one-year cliff with the remaining 75% vested/to be vested quarterly over three years. The vesting commence date is October 24, 2022. The stock options were awarded as compensation to the Reporting Person for her service as an officer of the Company.

Content

Represents 91,235 and 8,765 options granted on November 1, 2022 under the Issuer's 2013 Stock Incentive Plan and the 2021 Stock Incentive Plan, respectively, 25% of which were subject to a one-year cliff with the remaining 75% vested/to be vested quarterly over three years. The vesting commence date is October 24, 2022. The stock options were awarded as compensation to the Reporting Person for her service as an officer of the Company.