Wesley S. Lobo - Feb 16, 2022 Form 4 Insider Report for NEPHROS INC (NEPH)

Role
Chief Marketing Officer
Signature
/s/ Ted Peilen as attorney-in-fact for Wesley S. Lobo pursuant to a power of attorney filed previously.
Stock symbol
NEPH
Transactions as of
Feb 16, 2022
Transactions value $
-$30,667
Form type
4
Date filed
2/18/2022, 04:03 PM
Previous filing
Sep 3, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NEPH Common Stock Tax liability -$30.7K -6.39K -15.37% $4.80 35.2K Feb 16, 2022 Direct F1, F2

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 NEPH Stock Optoin (right to buy) 114K Feb 16, 2022 Common Stock 114K $8.66 Direct F3
holding NEPH Stock Option (right to buy) 57.4K Feb 16, 2022 Common Stock 57.4K $8.47 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person has elected to satisfy his tax withholding obligation in connection with the vesting of a prior restricted stock grant by directing the Company to withhold shares otherwise issuable upon vesting of the previously reported grant.
F2 Includes 15,000 shares of restricted stock for which the risk of forfeiture will lapse as to 5,000 shares on each of 2/16/23, 2/16/24 and 2/16/25.
F3 Options to purchase 28,545 shares vest on 2/16/22 and options to purchase 85,633 shares vest quarterly in 12 equal amounts commencing on 5/16/22.
F4 Options to purchase 14,342 shares vest on 9/1/22 and options to purchase 43,026 shares vest quarterly in 12 equal amounts commencing on 12/1/22.