Hui-Lan Wu - Jul 28, 2022 Form 4 Insider Report for Ainos, Inc. (AIMD)

Role: Chief Financial Officer
Signature: /s/ John Junyong Lee POA for Hui-Lan Wu
Stock symbol: AIMD
Transactions as of: Jul 28, 2022
Transactions value $: $2,500,000,000
Form type: 4
Date filed: 7/28/2022, 09:15 PM
Previous filing: Apr 8, 2022
Next filing: Aug 12, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	AIMD	Common Stock						168K	Jul 28, 2022	Direct
holding	AIMD	Common Stock						63K	Jul 28, 2022	Daughter	F1

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	AIMD	Convertible Note	Award	$2.5B	+50K		$50,000.00^*	50K	Mar 31, 2022	Common Stock	$50K		Daughter	F1, F2
transaction	AIMD	RSU	Award	$0	+2M		$0.00	2M	Jul 28, 2022	Common Stock	2M		Direct	F3

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

Explanation of Responses:

Id	Content
F1	Yun-Huan Liao is Hui-Lan Wu's daughter
F2	Reference is made to that certain Convertible Note Purchase Agreement and Convertible Promissory Note ("Note") in the principal amount of $50,000 between the Issuer and the Reporting Person's daughter, Yu-Huan Liao. The Note bears no interest, matures on March 30, 2027, and is subject to mandatory conversion at a conversion price of 80% of an initial property offering price (if the Issuer conducts an initial public offering).
F3	Reference is made to the Restricted Stock Units (the "RSU") granted pursuant to an employment Mandate Agreement dated March 17, 2022 (the "Mandate Agreement") under the Company's 2021 Stock Incentive Plan. Each RSU represents a right to receive one (1) share of common stock upon vesting and the expiration of any applicable restricted period, or in the sole discretion of the Compensation Committee, the cash value thereof (or any combination thereof). Holders of RSUs have no rights or privileges as a stockholder. The shares underlying the RSUs will vest on September 30, 2022 and are may not be sold within 6 months of the grant date.