Kevin Michael Krause - Mar 24, 2022 Form 3 Insider Report for AN2 Therapeutics, Inc. (ANTX)

Role
Chief Strategy Officer
Signature
/s/ Lucy Day, Attorney-in-Fact for Kevin Michael Krause
Stock symbol
ANTX
Transactions as of
Mar 24, 2022
Transactions value $
$0
Form type
3
Date filed
3/24/2022, 09:27 PM
Next filing
May 16, 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
holding ANTX Stock Option (right to buy) Mar 24, 2022 Common Stock 54.9K $0.42 Direct F1
holding ANTX Stock Option (right to buy) Mar 24, 2022 Common Stock 13.3K $0.42 Direct F2
holding ANTX Stock Option (right to buy) Mar 24, 2022 Common Stock 31.8K $6.60 Direct F3
holding ANTX Stock Option (right to buy) Mar 24, 2022 Common Stock 41.2K $6.60 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option is subject to an early exercise provision and is immediately exercisable. The shares subject to the option vest as follows: 25% of the shares vested on November 21, 2020; and 1/48th of the shares vests monthly thereafter over the following three years, subject to the Reporting Person's continuous service as of such date.
F2 The option is subject to an early exercise provision and is immediately exercisable. The shares subject to the option vest as follows: 1/48th of the shares vests monthly over four years from October 5, 2020, subject to the Reporting Person's continuous service as of such date.
F3 The shares subject to the option vest as follows: 1/48th of the shares vests monthly over four years from April 30, 2021, subject to the Reporting Person's continuous service as of such date.
F4 The shares subject to the option vest as follows: 1/48th of the shares vests monthly over four years from August 1, 2021, subject to the Reporting Person's continuous service as of such date.

Remarks:

Exhibit 24 - Power of Attorney