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Cardio Diagnostics Holdings, Inc. Director's Dealing 2024

Apr 8, 2024

35336_dirs_2024-04-08_41d86fa4-efbb-4eb5-b77a-b2a85a8b5ef8.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Cardio Diagnostics Holdings, Inc. (CDIO)
CIK: 0001870144
Period of Report: 2024-03-31

Reporting Person: Burton Paul Frederick (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2024-03-31 Common Stock M 8803 $1.42 Acquired 8803 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2024-03-31 Restricted Stock Units $0 M Acquired 2024-12-31 Common Stock () Direct

Footnotes

F1: Represents the settlement of restricted stock units (RSUs) that vested on March 31, 2024 through the issuance of shares of Common Stock.

F2: Each RSU is the economic equivalent of one share of Cardio Diagnostics Holdings, Inc. common stock. On March 31, 2024, $12,500 in value of RSUs vested and were settled at the price of $1.42, which was the closing price of the Company Common Stock on the vesting date. The settlement shares are reflected in Table I.

F3: On January 23, 2024, the reporting person was awarded $50,000 in value of RSUs, $12,500 in value of which vested on March 31, 2024. Subject to continued service with the Issuer on the vesting date, the RSUs will continue to vest $12,500 in value on June 30, 2024, $12,500 in value on September30, 2024 and $12,500 in value on December 31, 2024, based on the closing price of the Issuers common stock on the applicable vesting date.

F4: The RSUs were granted pursuant to the Issuers 2022 Equity Incentive Plan.