Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | INO | Restricted Stock Unit | Award | $0 | +639K | $0.00 | 639K | May 15, 2023 | Common Stock | 639K | Direct | F1, F2 |
Id | Content |
---|---|
F1 | Each restricted stock unit represents a contingent right to receive one share of common stock. The vesting schedule for the 638,800 restricted stock units is as follows: 212,934 shares will vest on May 15, 2024; 212,933 shares will vest on May 15, 2025; and 212,933 shares will vest on May 15, 2026. Vested restricted stock units can be settled in shares of common stock, cash or a combination of both. |
F2 | This grant was made under the 2016 Omnibus Incentive Plan. |