March 13, 2024 · Form 4 insider transaction
Tharby Linda M bought 19,681 shares of KRMD at $2.09 per share, a transaction worth $41.1K. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 2 days after the transaction.
Shares earned per her employment agreement for bonus of which 70% was paid in cash and 30% paid in shares of the Company's common stock.; Includes 200,000 in restricted stock awards that vest in 25% increments annually on 4/12/22,4/12/23, 4/12/24 and 4/12/25; 200,000 in restricted stock awards that vest based on a schedule of the Company's market capitalization prior to 3/15/27; 600,000 in restricted stock awards that vest based on a schedule of the Company's net sales growth targets for each of the fiscal years ended 12/31/22 through 12/31/25.