Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
holding | SRRK | Common Stock | 16.8K | May 26, 2022 | Direct | F1 | |||||
holding | SRRK | Common Stock | 27.5K | May 26, 2022 | Direct | F2 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
holding | SRRK | Stock Option (Right to Buy) | May 26, 2022 | Common Stock | 56K | $26.05 | Direct | F3 | ||||||
holding | SRRK | Stock Option (Right to Buy) | May 26, 2022 | Common Stock | 27.5K | $18.08 | Direct | F4 |
Id | Content |
---|---|
F1 | Each restricted stock unit ("RSU") represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock. The shares subject to this RSU award will vest annually over four years, with the first annual installment to vest on August 15, 2022 and each additional installment to vest annual thereafter, subject to a continued service relationship with the Issuer on such vesting date. |
F2 | Each RSU represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock. The shares subject to this RSU award will vest annually over four years, with the first annual installment to vest on January 15, 2023 and each additional installment to vest annual thereafter, subject to a continued service relationship with the Issuer on such vesting date. |
F3 | Options vest over four years with 25% vesting on August 9, 2022 and the remainder vesting in 12 quarterly installments thereafter, provided the reporting person continues to have a service relationship with the Issuer on such vesting date. |
F4 | 25,782 shares remain unvested under this stock option. The first vesting event occurred on April 1, 2022 and the remainder will vest in fifteen quarterly installments thereafter; provided the reporting person continues to have a service relationship with the Issuer on such vesting date. |