Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | LQDA | Restricted Stock Units | Award | $0 | +30K | $0.00 | 30K | Jan 16, 2022 | Common Stock | 30K | Direct | F1, F2 | ||
transaction | LQDA | Stock Option (Right to Buy) | Award | $0 | +60K | $0.00 | 60K | Jan 16, 2022 | Common Stock | 60K | $6.25 | Direct | F3 |
Id | Content |
---|---|
F1 | Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock. |
F2 | 25% of the RSUs shall vest on February 28, 2023 and the remaining RSUs shall vest ratably on a quarterly basis over three years thereafter. |
F3 | The options will vest ratably on a monthly basis over four years with the first vesting date to occur on February 28, 2022 and on the last day of each month thereafter. |