Type | Sym | Class | Transaction | Value $ | Shares | Change % | Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
holding | KLNG | Common Stock | 300,000 | Mar 6, 2024 | Direct | F1 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
holding | KLNG | Stock Options | Mar 6, 2024 | Common Stock | 300,000 | $0.56 | Direct | F2 |
Id | Content |
---|---|
F1 | Restricted stock grant is subject to forfeiture - shares have time-based vesting provision where restrictions lapse with respect to one-third on March 4, 2025, March 4, 2026, and March 4, 2027, which are the first, second and third anniversaries of the date on which the Director joined the Board of Directors. |
F2 | Stock options subject to the Optionee's continuous service as a director through such date, one-third of the Shares vest on each of March 6, 2025, March 6, 2026, and March 6, 2027. In addition to the foregoing, all Shares shall vest immediately prior to a Change in Control. |