X0306 4 2018-04-19 0 0001546296 Professional Diversity Network, Inc. IPDN 0001688145 Song Jingbo C/O PROFESSIONAL DIVERSITY NETWORK, INC., 801 W. ADAMS, SIXTH FLOOR CHICAGO IL 60607 1 1 0 0 Co-Executive Chairman Employee Stock Option (right to buy) 2.82 2018-04-19 4 A 0 75000 0 A Common Stock 75000 75000 D On April 19, 2018, the Company granted an option to purchase 75,000 shares of Common Stock to Mr. Song. The options issued to the executive will vest in accordance with the following schedule: (i) 1/3 of the shares underlying the option will vest immediately on the Effective Date, (ii) 1/3 of the shares underlying the option will vest on the one-year anniversary of the Effective Date, and (iii) 1/3 of the shares underlying the option will vest on the two-year anniversary of the Effective Date. The reporting person holds a minority equity interest in Cosmic Forward Limited ("CFL"), which directly owns common stock of the Issuer. The reporting person is not a controlling shareholder of CFL and does not have or share investment control over the securities that CFL owns. The reporting person disclaims beneficial ownership of the shares held by CFL except to the extent of his pecuniary interest therein. /s/ Jiangping (Gary) Xiao, Attorney-in-Fact 2018-04-24