Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | IVVD | Stock Option (Right to Buy) | Award | $0 | +625K | $0.00 | 625K | Dec 16, 2022 | Common Stock | 625K | $1.62 | Direct | F1 |
Id | Content |
---|---|
F1 | This option vests over a four-year period, with 25% of the shares subject to the option vesting on the first anniversary of the grant date of December 16, 2022 and the remaining 75% of the shares subject to the option vesting over the subsequent three-year period in substantially equal monthly installments at a rate of 1/48th of the total shares subject to the option each month, subject to the Reporting Person's continuous service as of each vesting date. |