Brian Knaley - 01 Nov 2023 Form 4 Insider Report for Nuburu, Inc. (BURU)

Role: Chief Executive Officer
Signature: /s/ Brian Knaley
Issuer symbol: BURU
Transactions as of: 01 Nov 2023
Transactions value $: $0
Form type: 4
Filing time: 03 Nov 2023, 16:45:46 UTC
Previous filing: 20 Jul 2023
Next filing: 21 May 2024
SEC: View on sec.gov

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	BURU	Stock Option (right to buy)	Award	$0	+500K		$0.00	500K	01 Nov 2023	Common Stock	500K	$0.29	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	25% of the shares subject to the option shall vest and become exercisable on the first anniversary of November 1, 2023 (the "Vesting Commencement Date"), and thereafter, the remainder of the reported securities vest in equal monthly increments over the following 36 months, such that 100% of the reported securities will be vested as of the fourth anniversary of the Vesting Commencement Date, subject to the Reporting Person remaining a service provider through such vesting date.

Content

25% of the shares subject to the option shall vest and become exercisable on the first anniversary of November 1, 2023 (the "Vesting Commencement Date"), and thereafter, the remainder of the reported securities vest in equal monthly increments over the following 36 months, such that 100% of the reported securities will be vested as of the fourth anniversary of the Vesting Commencement Date, subject to the Reporting Person remaining a service provider through such vesting date.