Neil Desai - Sep 8, 2021 Form 4 Insider Report for Aadi Bioscience, Inc. (AADI)

Role
President and Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Lance Thibault, as Attorney-in-Fact
Stock symbol
AADI
Transactions as of
Sep 8, 2021
Transactions value $
$0
Form type
4
Date filed
9/10/2021, 05:05 PM
Previous filing
Aug 31, 2021
Next filing
Mar 22, 2022

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 AADI Stock option (right to buy) Award $0 +125K $0.00 125K Sep 8, 2021 Common Stock 125K $27.67 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Subject to the Reporting Person continuing to be a Service Provider (as defined in the Issuer's 2021 Equity Incentive Plan) through each applicable date, twenty five percent (25%) of the shares subject to the option shall vest on the one year anniversary of the Vesting Commencement Date, and one thirty-sixth (1/36th) of the remaining shares subject to the option shall vest each month thereafter on the same day as the Vesting Commencement Date (and if there is no corresponding day, on the last day of the month) such that all shares of common stock subject to the option shall be fully vested on the four year anniversary of the Vesting Commencement Date. "Vesting Commencement Date" shall mean September 8, 2021.

Remarks:

President and Chief Executive Officer