BioRestorative Therapies (BRTX) executive Alstodt gave up 6,729 shares at $2.92 to cover taxes or an exercise price

Insider transactions reported

Lance Alstodt (executive at BioRestorative Therapies Inc., BRTX) reported that they gave up 6,729 shares at $2.92 to cover taxes or an exercise price on Mar 20, 2023. After these transactions the filing shows 180,218 shares held directly.

Reporting person

Alstodt Lance

Holdings before and after

• Common Stock: 186,947 to 180,218 direct

Footnotes from the filing

1. 1. Shares were withheld from vested stock grant to pay the associated withholding taxes.
2. 2. Includes 48,912 shares received pursuant to an unvested restricted stock unit grant. Such shares vest on March 18, 2024.
3. 3. The option vests and becomes exercisable to the extent of 146,740 shares on March 18, 2021, 36,684 shares on November 4, 2021 and 110,055 shares in six nearly equal quarterly installments beginning December 18, 2021 and continuing every three months thereafter until fully vested.
4. 4. The option vests and becomes exercisable to the extent of 21,030 shares on November 4, 2021 and 21,029 shares in eight nearly equal quarterly installments beginning on November 4, 2022 and continuing every three months thereafter until fully vested.
5. 5. The option vests and becomes exercisable to the extent of 53,381 shares on February 17, 2023 and 53,381 shares in eight nearly equal quarterly installments beginning on February 17, 2024 and continuing every three months thereafter until fully vested.

Transaction codes in this filing

Shares withheld for taxes or exercise price:

Code F marks shares handed back or withheld to pay taxes or an exercise price. No sale happens in the market.

FAQ