Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | INO | Common Stock | Options Exercise | +59.7K | +28.63% | 268K | Mar 11, 2023 | Direct | F1 | ||
transaction | INO | Common Stock | Tax liability | -$35.5K | -31.4K | -11.7% | $1.13 | 237K | Mar 11, 2023 | Direct | F2 |
holding | INO | Common Stock | 4.5K | Mar 11, 2023 | By Spouse |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | INO | Restricted Stock Unit | Options Exercise | $0 | -59.7K | -100% | $0.00* | 0 | Mar 11, 2023 | Common Stock | 59.7K | Direct | F1 |
Id | Content |
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F1 | Each restricted stock unit represents a contingent right to receive one share of common stock. On March 11, 2020, the reporting person was granted 179,211 restricted stock units, vesting as follows: 59,737 shares vested on March 11, 2021; 59,737 shares vested on March 11, 2022; and 59,737 shares vested on March 11, 2023. Vested restricted stock units can be settled in shares of common stock, cash or a combination of both. |
F2 | The transaction reported represents the withholding of shares by the issuer to satisfy the reporting person's tax withholding obligations in connection with the vesting and settlement of the restricted stock unit award reported in footnote (1) herein. |