chung-yi tsai - Nov 24, 2023 Form 4 Insider Report for Ainos, Inc. (AIMD)

Role: Director
Signature: /s/ John Junyong Lee per POA for Chung-Yi Tsai
Stock symbol: AIMD
Transactions as of: Nov 24, 2023
Transactions value $: $150,000
Form type: 4
Date filed: 11/28/2023, 04:54 PM
Previous filing: Apr 12, 2023
Next filing: Feb 2, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AIMD	Common Stock	Award	$150K	+250K	+3409.25%	$0.60	257K	Nov 24, 2023	Direct	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	RSU	Conversion of derivative security		-7.33K	-33.33%		14.7K	Apr 7, 2023	Common Stock	14.7K		Direct	F2

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

Explanation of Responses:

Id	Content
F1	Reference is a made to a Special Stock Award pursuant to approval on October 11, 2023 by the Company's Board of Directors and Shareholders by Action by Written Consent.
F2	Reference is made to the 22,000 RSUs granted under the 2021 Stock Incentive Plan, as amended by the 2023 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, if approved, the cash value thereof (or any combination thereof). Holders of RSUs have no rights or privileges as a stockholder. Except as otherwise agreed, if the Reporting Person's participation is terminated for any reason prior to the date that all of its RSU have vested, all vesting rights shall cease and all unvested RSU shall be forfeited for no consideration as of the date termination. Vesting dates related to the 22,000 RSUs are as follows: 7,333 shares on 1/31/23 and 1/31/24, respectively, 7,334 shares on 1/31/25.

Content

Reference is a made to a Special Stock Award pursuant to approval on October 11, 2023 by the Company's Board of Directors and Shareholders by Action by Written Consent.

Reference is made to the 22,000 RSUs granted under the 2021 Stock Incentive Plan, as amended by the 2023 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, if approved, the cash value thereof (or any combination thereof). Holders of RSUs have no rights or privileges as a stockholder. Except as otherwise agreed, if the Reporting Person's participation is terminated for any reason prior to the date that all of its RSU have vested, all vesting rights shall cease and all unvested RSU shall be forfeited for no consideration as of the date termination. Vesting dates related to the 22,000 RSUs are as follows: 7,333 shares on 1/31/23 and 1/31/24, respectively, 7,334 shares on 1/31/25.