MUKUNDA RAM (Exec. Chairman & CEO) exercised options at IGC PHARMA, INC.

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

M · 4 exercises

MUKUNDA RAM

Filed: 6/27/2023ACC: 0001185185-23-000662

InsiderMUKUNDA RAMCIK 1047575

→

IssuerIGC PHARMA, INC.CIK 1326205

DirectorOfficer10% Owner· Exec. Chairman & CEO

Since Aug 2018

+2.44M

Net shares

Net buyer

$0.00

Total acquired

Open market trades

0B · 0S

Total transactions

3.44M acquired · 995.83K disposed

Non-Derivative Transactions5

Common Stock

Direct

M · Option Exercise

+333.33K

Price / share

—

Trade value

—

% of position

11.1%

3/31/2023

3.01M→3.34M

Common Stock

Direct

M · Option Exercise

+233.33K

Price / share

—

Trade value

—

% of position

7.0%

3/31/2023

3.34M→3.57M

Common Stock

Indirect

M · Option Exercise

+16.67K

Price / share

—

Trade value

—

% of position

2.2%

3/31/2023

744.08K→760.75K

Common Stock

Indirect

M · Option Exercise

+16.67K

Price / share

—

Trade value

—

% of position

2.2%

3/31/2023

760.75K→777.42K

Common Stock

Direct

G · Gift

−400K

Price / share

—

Trade value

—

% of position

11.2%

6/23/2023

3.57M→3.17M

Total

Net shares

+200K

Net value

$0.00

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	3/31/2023	M · Option Exercise	+333.33K	—	—	11.1%	3.01M	3.34M
Common Stock Direct	3/31/2023	M · Option Exercise	+233.33K	—	—	7.0%	3.34M	3.57M
Common Stock Indirect	3/31/2023	M · Option Exercise	+16.67K	—	—	2.2%	744.08K	760.75K
Common Stock Indirect	3/31/2023	M · Option Exercise	+16.67K	—	—	2.2%	760.75K	777.42K
Common Stock Direct	6/23/2023	G · Gift	−400K	—	—	11.2%	3.57M	3.17M
Total			+200K		$0.00

Derivative Transactions9

Restricted Stock Units

Direct

A · Award

Converts to

Common Stock

700K shares

+700K

Strike price

Held after

700K

Exercisable

—

5/25/2022

Restricted Stock Units

Indirect

A · Award

Converts to

Common Stock

50K shares

+50K

Strike price

Held after

50K

Exercisable

—

5/25/2022

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

233.33K shares

−233.33K

Strike price

Held after

466.67K

Exercisable

—

3/31/2023

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

333.33K shares

−333.33K

Strike price

Held after

333.33K

Exercisable

—

3/31/2023

Restricted Stock Units

Indirect

M · Option Exercise

Converts to

Common Stock

12.50K shares

−12.50K

Strike price

Held after

12.50K

Exercisable

—

3/31/2023

Restricted Stock Units

Indirect

M · Option Exercise

Converts to

Common Stock

16.67K shares

−16.67K

Strike price

Held after

16.67K

Exercisable

—

3/31/2023

Restricted Stock Units

Direct

A · Award

Converts to

Common Stock

1M shares

+1M

Strike price

Held after

Exercisable

—

6/20/2023

Restricted Stock Units

Direct

A · Award

Converts to

Common Stock

1.03M shares

+1.03M

Strike price

Held after

1.03M

Exercisable

—

6/20/2023

Restricted Stock Units

Indirect

A · Award

Converts to

Common Stock

50K shares

+50K

Strike price

Held after

50K

Exercisable

—

6/20/2023

Security	Converts To	Date	Type	Shares	Exercisable	Held After
Restricted Stock Units Direct	Common Stock700K shares	5/25/2022	A · Award	+700K	—	700K
Restricted Stock Units Indirect	Common Stock50K shares	5/25/2022	A · Award	+50K	—	50K
Restricted Stock Units Direct	Common Stock233.33K shares	3/31/2023	M · Option Exercise	−233.33K	—	466.67K
Restricted Stock Units Direct	Common Stock333.33K shares	3/31/2023	M · Option Exercise	−333.33K	—	333.33K
Restricted Stock Units Indirect	Common Stock12.50K shares	3/31/2023	M · Option Exercise	−12.50K	—	12.50K
Restricted Stock Units Indirect	Common Stock16.67K shares	3/31/2023	M · Option Exercise	−16.67K	—	16.67K
Restricted Stock Units Direct	Common Stock1M shares	6/20/2023	A · Award	+1M	—	1M
Restricted Stock Units Direct	Common Stock1.03M shares	6/20/2023	A · Award	+1.03M	—	1.03M
Restricted Stock Units Indirect	Common Stock50K shares	6/20/2023	A · Award	+50K	—	50K