Newell A. Jeffrey - Dec 30, 2022 Form 4 Insider Report for TRxADE HEALTH, INC (MEDS)

Role
Director
Signature
/s/ Newell A. Jeffrey
Stock symbol
MEDS
Transactions as of
Dec 30, 2022
Transactions value $
$0
Form type
4
Date filed
12/30/2022, 06:50 PM
Previous filing
Oct 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MEDS Common stock Award $0 +79.1K $0.00 79.1K Dec 30, 2022 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares of Restricted Common Stock were issued to the Reporting Person pursuant to the Issuer's Amended and Restated 2019 Equity Incentive Plan and are subject to forfeiture. The shares vest at the rate of 1/2 of the shares on January 1, 2023 and April 1, 2023, subject to the Reporting Person's continued service to the Company on such vesting dates, and subject to the terms and conditions of a Restricted Shares Grant Agreement entered into by and between the Issuer and the Reporting Person. Exempt under Rule 16b-3(d).
F2 Issued to the Reporting Person in consideration for services rendered and agreed to be rendered to the Issuer as a member of the Board of Directors.