GRIMALDI CLAUDIA (Vice president and PFO) exercised options at IGC PHARMA, INC.

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 4 exercises

GRIMALDI CLAUDIA

Filed: 3/15/2024ACC: 0001185185-24-000264

InsiderGRIMALDI CLAUDIACIK 1745853

→

IssuerIGC PHARMA, INC.CIK 1326205

Officer· Vice president and PFO

Since May 2018

+910K

Net shares

Net buyer

$0.00

Total acquired

Open market trades

0B · 0S

Total transactions

1.25M acquired · 336.67K disposed

Non-Derivative Transactions4

Common Stock

Direct

M · Option Exercise

+83.33K

Price / share

—

Trade value

—

% of position

11.9%

3/13/2024

700.49K→783.82K

Common Stock

Direct

M · Option Exercise

+58.33K

Price / share

—

Trade value

—

% of position

7.4%

3/13/2024

783.82K→842.15K

Common Stock

Direct

M · Option Exercise

+100K

Price / share

—

Trade value

—

% of position

11.9%

3/13/2024

842.15K→942.15K

Common Stock

Direct

M · Option Exercise

+95K

Price / share

—

Trade value

—

% of position

10.1%

3/13/2024

942.15K→1.04M

Total

Net shares

+336.67K

Net value

$0.00

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	3/13/2024	M · Option Exercise	+83.33K	—	—	11.9%	700.49K	783.82K
Common Stock Direct	3/13/2024	M · Option Exercise	+58.33K	—	—	7.4%	783.82K	842.15K
Common Stock Direct	3/13/2024	M · Option Exercise	+100K	—	—	11.9%	842.15K	942.15K
Common Stock Direct	3/13/2024	M · Option Exercise	+95K	—	—	10.1%	942.15K	1.04M
Total			+336.67K		$0.00

Derivative Transactions6

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

83.33K shares

−83.33K

Strike price

Held after

0.00

Exercisable

—

3/13/2024

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

58.33K shares

−58.33K

Strike price

Held after

58.33K

Exercisable

—

3/13/2024

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

100K shares

−100K

Strike price

Held after

200K

Exercisable

—

3/13/2024

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

95K shares

−95K

Strike price

Held after

285K

Exercisable

—

3/13/2024

Options

Direct

A · Award

Converts to

Common Stock

360K shares

+360K

Strike price

Held after

360K

Exercisable

—

3/13/2024

Options

Direct

A · Award

Converts to

Common Stock

550K shares

+550K

Strike price

Held after

550K

Exercisable

—

3/13/2024

Security	Converts To	Date	Type	Shares	Exercisable	Held After
Restricted Stock Units Direct	Common Stock83.33K shares	3/13/2024	M · Option Exercise	−83.33K	—	0.00
Restricted Stock Units Direct	Common Stock58.33K shares	3/13/2024	M · Option Exercise	−58.33K	—	58.33K
Restricted Stock Units Direct	Common Stock100K shares	3/13/2024	M · Option Exercise	−100K	—	200K
Restricted Stock Units Direct	Common Stock95K shares	3/13/2024	M · Option Exercise	−95K	—	285K
Options Direct	Common Stock360K shares	3/13/2024	A · Award	+360K	—	360K
Options Direct	Common Stock550K shares	3/13/2024	A · Award	+550K	—	550K