Timothy Chole - May 21, 2024 Form 3 Insider Report for ROCKWELL MEDICAL, INC. (RMTI)

Role
SVP, CHIEF COMMERCIAL OFFICER
Signature
/s/ Megan Timmins, Attorney-in-Fact for Timothy Chole
Stock symbol
RMTI
Transactions as of
May 21, 2024
Transactions value $
$0
Form type
3
Date filed
5/30/2024, 07:51 PM
Next filing
Oct 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding RMTI Common Stock 33.3K May 21, 2024 Direct F1
holding RMTI Common Stock 25.7K May 21, 2024 Direct F2, F3

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
holding RMTI Non-Qualified Stock Options May 21, 2024 Common Stock 4.55K $24.20 Direct F4
holding RMTI Non-Qualified Stock Options May 21, 2024 Common Stock 13.6K $22.44 Direct F5
holding RMTI Non-Qualified Stock Options May 21, 2024 Common Stock 13.6K $10.38 Direct F6
holding RMTI Non-Qualified Stock Options May 21, 2024 Common Stock 60K $1.66 Direct F7
holding RMTI Non-Qualified Stock Options May 21, 2024 Common Stock 33K $1.37 Direct F8
holding RMTI Non-Qualified Stock Options May 21, 2024 Common Stock 47.2K $1.39 Direct F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units fully vest on March 14, 2027, subject to the Reporting Person's continued service to the Issuer.
F2 Restricted stock units fully vest on March 17, 2025, subject to the Reporting Person's continued service to the Issuer.
F3 Includes 12,832 shares of unvested common stock.
F4 Stock options vested in three equal installments on the first, second and third anniversaries of December 16, 2019.
F5 Stock options vested in three equal installments on the first, second and third anniversaries of June 11, 2020.
F6 Stock options vest in two equal installments on the second and fourth anniversaries of May 3, 2021, subject to the Reporting Person's continued service to the Issuer.
F7 Stock options vest in four equal installments on the first, second, third and fourth anniversaries of September 9, 2022, subject to the Reporting Person's continued service to the Issuer.
F8 Stock options vest 25% on the first anniversary of March 17, 2023, with the remainder vesting in equal monthly installments through March 17, 2027, subject to the Reporting Person's continued service to the Issuer.
F9 Stock options vest 25% on the first anniversary of March 14, 2024, with the remainder vesting in equal monthly installments through March 17, 2027, subject to the Reporting Person's continued service to the Issuer.

Remarks:

Ex. 24 - Power of Attorney