Jasmine Kway - Dec 8, 2021 Form 4 Insider Report for VOLITIONRX LTD (VNRX)

Signature
/s/ Jasmine Kway
Stock symbol
VNRX
Transactions as of
Dec 8, 2021
Transactions value $
$0
Form type
4
Date filed
12/10/2021, 03:06 PM
Previous filing
Nov 5, 2021
Next filing
Apr 8, 2022

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 VNRX Stock Option (Right to Buy) Disposed to Issuer -55K -100% 0 Dec 8, 2021 Common Stock 55K $3.60 Direct F1
transaction VNRX Stock Option (Right to Buy) Award +55K 55K Dec 8, 2021 Common Stock 55K $3.60 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported transactions involved an amendment of outstanding options, resulting in the deemed cancellation of the "old" options and the grant of "replacement" options. The "old" options were originally granted on April 13, 2020, vested in full and were exercisable at 12 months from the date of grant, and were exercisable for five years from the date first exercisable. The "replacement" options are fully-vested and expire on April 13, 2030 (ten years from the original date of grant).