1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security |
5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
Date Exercisable |
Expiration Date |
Title |
Amount or Number of Shares |
Stock Option (Right to Buy)
|
(1)
|
07/29/2029 |
Common Stock
|
75,000
|
$
2
|
D
|
|
Stock Option (Right to Buy)
|
(2)
|
03/31/2030 |
Common Stock
|
75,000
|
$
2
|
D
|
|
Stock Option (Right to Buy)
|
(3)
|
05/22/2030 |
Common Stock
|
150,000
|
$
2
|
D
|
|
* |
If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
** |
Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) |
The stock options were granted on July 29, 2019, and vest annually in equal amounts over a period of three (3) years, with 33.33% of the shares vesting on the one-year anniversary of the date of grant, 33.33% of the shares vesting on the two-year anniversary of the date of grant, and the remaining 33.33% of the shares vesting on the three-year anniversary of the date of grant. |
(2) |
The stock options were granted on March 31, 2020, and vest annually in equal amounts over a period of two (2) years, with 50% of the shares vesting on the one-year anniversary of the date of grant and the remaining 50% shares vesting on the two-year anniversary of the date of grant. |
(3) |
The stock options were granted on May 22, 2020, and vest annually in equal amounts over a period of two (2) years, with 50% of the shares vesting on the one-year anniversary of the date of grant and the remaining 50% shares vesting on the two-year anniversary of the date of grant. |