January 31, 2024 · Form 4 insider transaction
Lau Stanley K. sold an undisclosed number of shares of CDIO 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 5 days after the transaction.
Each RSU is the economic equivalent of one share of Cardio Diagnostics Holdings, Inc. common stock. On January 31, 2024, $2,000 in value of RSUs vested and were settled at the price of $2.18, 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, $2,000 in value of which vested on January 31, 2024.