Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SLNO | Employee stock option (right to buy) | Award | $0 | +110K | $0.00 | 110K | Jan 28, 2022 | Common Stock | 110K | $0.34 | Direct | F1 |
Id | Content |
---|---|
F1 | One forty-eighth (1/48th) of the shares subject to the Option shall vest on the first month anniversary of Vesting Commencement Date (January 1, 2022), and one forty-eighth (1/48th) of the total number of shares subject to the Option shall vest each month thereafter on the same day of the month as the Vesting Commencement Date (and if there is no corresponding day, on the last day of the month), such that all of the shares subject to the Option will have vested as of the fourth anniversary of the Vesting Commencement Date, subject to Reporting Person continuing to be a Service Provider through each such date. |