0001493152-21-009257.txt : 20210420 0001493152-21-009257.hdr.sgml : 20210420 20210420163530 ACCESSION NUMBER: 0001493152-21-009257 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210419 FILED AS OF DATE: 20210420 DATE AS OF CHANGE: 20210420 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: PETERSON MICHAEL L CENTRAL INDEX KEY: 0001293970 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39199 FILM NUMBER: 21838281 MAIL ADDRESS: STREET 1: 17 CANARY COURT CITY: DANVILLE STATE: CA ZIP: 94526 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: TRXADE GROUP, INC. CENTRAL INDEX KEY: 0001382574 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-DRUGS PROPRIETARIES & DRUGGISTS' SUNDRIES [5122] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 3840 LAND O' LAKES BOULEVARD CITY: LAND O' LAKES STATE: FL ZIP: 34639 BUSINESS PHONE: (800) 261 0281 MAIL ADDRESS: STREET 1: 3840 LAND O' LAKES BOULEVARD CITY: LAND O' LAKES STATE: FL ZIP: 34639 FORMER COMPANY: FORMER CONFORMED NAME: XCELLINK INTERNATIONAL INC. DATE OF NAME CHANGE: 20081230 FORMER COMPANY: FORMER CONFORMED NAME: Bluebird Exploration Co. DATE OF NAME CHANGE: 20061204 4 1 ownership.xml X0306 4 2021-04-19 0 0001382574 TRXADE GROUP, INC. MEDS 0001293970 PETERSON MICHAEL L 3840 LAND O'LAKES BLVD LAND O'LAKES FL 34639 1 0 0 0 Common stock 2021-04-19 4 S 0 900 4.68 D 6287 D Common stock 2021-04-19 4 A 0 10721 5.13 A 17008 D The shares were sold pursuant to a 10b5-1 trading plan previously adopted by the Reporting Person, to satisfy the Reporting Person's tax liability in connection with the April 2021 vesting of certain restricted stock shares which were granted under the Company's 2019 Equity Incentive Plan, which award was exempt from Section 16(b) pursuant to Rule 16b-3. This transaction was executed in multiple trades at prices ranging from $4.63 to $4.77, with the price reported above reflecting the weighted average sales price. The Reporting Person hereby undertakes to provide upon request to the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was affected. Shares of Restricted Common Stock were issued to the Reporting Person pursuant to the Issuer's Amended and Restated 2019 Equity Incentive Plan and are subject to forfeiture. The shares vest at the rate of 1/4 of the shares on July 1 and October 1, 2021 and January 1 and April 1, 2022, subject to the Reporting Person's continued service to the Company on such vesting dates, and subject to the terms and conditions of a Restricted Shares Grant Agreement entered into by and between the Issuer and the Reporting Person. Exempt under Rule 16b-3(d). Issued to the Reporting Person in consideration for services rendered and agreed to be rendered to the Issuer as a member of the Board of Directors. /s/ Michael L. Peterson 2021-04-20