Lau Stanley K. sold CDIO
December 31, 2023 · Form 4 insider transaction
Lau Stanley K. sold an undisclosed number of shares of Cardio Diagnostics Holdings, Inc. at $0.00 per share, a transaction worth N/A. The trade was recorded as option exercise and disclosed on an SEC Form 4, filed 2 days after the transaction.
Footnotes
Each RSU is the economic equivalent of one share of Cardio Diagnostics Holdings, Inc. common stock. On December 31, 2023, $14,500 in value of RSUs vested and were settled at the price of $2.49, which was the closing price of the Company Common Stock on the vesting date. The settlement shares are reflected in Table I.; The RSUs were granted pursuant to the Issuers 2022 Equity Incentive Plan.; On July 1, 2023, the reporting person was awarded $24,000 in value of RSUs, $4,000 in value of which vested on December 31, 2023. Subject to continued service with the Issuer on the vesting date, $2,000 in value of RSUs will vest on January 31, 2024.