Jonathan Go - 15 Mar 2021 Form 4 Insider Report for ICAD INC (ICAD)

Role: Chief Technology Officer
Signature: /s/ Jonathan Go
Issuer symbol: ICAD
Transactions as of: 15 Mar 2021
Net transactions value: +$173,000
Form type: 4
Filing time: 16 Mar 2022, 16:46:23 UTC
Next filing: 19 Jul 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ICAD	Common Stock	Options Exercise	$115,000	+20,000	+14%	$5.75	162,685	15 Mar 2021	Direct	F1, F2
transaction	ICAD	Common Stock	Options Exercise	$58,000	+20,000	+12%	$2.90	182,685	31 Jan 2022	Direct	F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	ICAD	Employee Stock Option (Right to Buy)	Options Exercise	$0	-20,000	-100%	$0.000000^*	0	15 Mar 2021	Common Stock	20,000	$5.75	Direct	F1
transaction	ICAD	Employee Stock Option (Right to Buy)	Options Exercise	$0	-20,000	-100%	$0.000000^*	0	31 Jan 2022	Common Stock	20,000	$2.90	Direct	F1
transaction	ICAD	Employee Stock Option (Right to Buy)	Award	$0	+25,000		$0.000000	25,000	10 Mar 2022	Common Stock	25,000	$4.25	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This late filing is due to an inadvertent administrative error.
F2	Reflects the transactions set forth in the Reporting Person's Form 4 filed with the Securities and Exchange Commission on November 10, 2021.
F3	Represents options to purchase shares of common stock pursuant to the Company's 2016 Stock Incentive Plan, as amended. The shares underlying the options vest annually over a three-year period commencing one year from March 10, 2022, the date the award was approved by the Company's Board of Directors.