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 | +750K | $0.00 | 750K | Sep 1, 2023 | Common Stock | 750K | $1.83 | 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 September 1, 2023 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. |