Nitya G. Ray - Aug 6, 2021 Form 4 Insider Report for CytoDyn Inc. (CYDY)

Role
Chief Technology Officer
Signature
/s/ Antonio Migliarese Attorney-in-fact
Stock symbol
CYDY
Transactions as of
Aug 6, 2021
Transactions value $
$0
Form type
4
Date filed
8/10/2021, 06:19 PM
Next filing
Jun 8, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CYDY Common stock Award $0 +34.8K +17.4% $0.00 235K Aug 6, 2021 Direct F1
transaction CYDY Common stock Award $0 +52.5K +22.36% $0.00 287K Aug 6, 2021 Direct 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 CYDY Non-qualified stock option (right to buy) Award $0 +500K $0.00 500K Aug 6, 2021 Common stock 500K $1.32 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Nitya G. Ray is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Represents shares received in lieu of 50% of a cash incentive bonus paid for services performed during the fiscal year ended May 31, 2021, which may be paid (a) 100% in cash or (b) 50% in stock and 50% in cash, as determined by the issuer's compensation committee of the board of directors.
F2 Represents shares received in satisfaction of performance share award based on the achievement of specified performance goals for the fiscal year ended May 31, 2021, as determined by the issuer's compensation committee of the board of directors.
F3 The option vests in three equal annual installments beginning on August 6, 2022.