Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | MRSN | Stock option (right to buy) | Award | $0 | +1M | $0.00 | 1M | Sep 11, 2023 | Common Stock | 1M | $1.32 | Direct | F1 | |
transaction | MRSN | Restricted stock unit | Award | $0 | +667K | $0.00 | 667K | Sep 11, 2023 | Common Stock | 667K | Direct | F2, F3 |
Id | Content |
---|---|
F1 | 25% of the shares subject to the option will vest on the first anniversary of the grant, and the remainder shall vest in 12 equal quarterly installments thereafter, subject to the Reporting Person's continuous service to the Issuer through each such vesting date. |
F2 | Each restricted stock unit ("RSU") represents the contingent right to receive one share of Common Stock of the Issuer. |
F3 | The RSUs shall vest in equal annual installments over four years from the date of grant, subject to the Reporting Person's continuous service to the Issuer through each such vesting date. |