K. Oki - Dec 6, 2024 Form 4 Insider Report for ACHIEVE LIFE SCIENCES, INC. (ACHV)

Role
Chief Financial Officer
Signature
Sandra Thomson as attorney-in-fact for Mark Oki
Stock symbol
ACHV
Transactions as of
Dec 6, 2024
Transactions value $
$0
Form type
4
Date filed
12/9/2024, 04:39 PM
Previous filing
Dec 9, 2024

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 ACHV Common Stock Options (right to buy) Award $0 +72K $0.00 72K Dec 6, 2024 Common Stock 72K $4.52 Direct F1
transaction ACHV Performance Restricted Stock Unit (PRSU) Award $0 +168K $0.00 168K Dec 6, 2024 Common Stock 168K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The options vest one-third on the first anniversay of December 5, 2024 and thereafter in monthly installments over 24 months.
F2 Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock at settlement.
F3 Pursuant to the terms of the award agreement governing the PRSU, the total number of shares underlying the PRSU vest on the achievement of one of certain milestones being met. The PRSUs will lapse in full if achievement of at least one of the milestones is not met.