Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | RANI | Stock Option (Right to Buy) | Disposed to Issuer | -101K | -100% | 0 | Dec 16, 2023 | Class A Common Stock | 101K | $4.11 | Direct | F1, F2 | ||
transaction | RANI | Stock Option (Right to Buy) | Award | +101K | 101K | Dec 16, 2023 | Class A Common Stock | 101K | $2.84 | Direct | F1, F2 |
Id | Content |
---|---|
F1 | The shares subject to the option vest in full on May 25, 2024, subject to the recipient's Continuous Service (as defined in the Issuer's 2021 Equity Incentive Plan) through such vesting date; provided that, if earlier, the shares subject to the option will vest in full upon the occurrence of either of the following events: the Issuer's next annual stockholder meeting or a Change in Control (as defined in the 2021 Equity Incentive Plan). |
F2 | The transactions reported herein reflect a one-time stock option repricing (the "Option Repricing") effective on December 16, 2023 (the "Repricing Date"). Pursuant to the Option Repricing, the exercise price of the repriced options has been amended to reduce the exercise price to $2.84 per share, the closing price of the Issuer's Common Stock on the Repricing Date. There is no change to the expiration dates or the vesting schedule of the repriced options. |