Lisa Ricciardi - Feb 3, 2023 Form 4 Insider Report for COGNITION THERAPEUTICS INC (CGTX)

Role
CEO & President, Director
Signature
By: /s/ Lisa Ricciardi
Stock symbol
CGTX
Transactions as of
Feb 3, 2023
Transactions value $
$0
Form type
4
Date filed
2/7/2023, 03:05 PM
Previous filing
Nov 16, 2022
Next filing
Feb 9, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CGTX Common Stock Award $0 +214K +873.36% $0.00 238K Feb 3, 2023 Direct F1

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 CGTX Stock Option (Right to Buy) Award $0 +214K $0.00 214K Feb 3, 2023 Common Stock 214K $2.12 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share is represented by a restricted stock unit ("RSU"). Each RSU represents a contingent right to receive one share of the Issuer's Common Stock upon settlement.
F2 The option vests 33.3% on February 3, 2024, with the remaining 66.7% vesting in 24 equal monthly installments, subject to the Reporting Person's continued service through the applicable vesting dates.