Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | DRIO | Stock Option (right to buy) | Award | $0 | +750K | $0.00 | 750K | Mar 6, 2024 | Common Stock | 750K | $1.68 | Direct | F1 | |
transaction | DRIO | Stock Option (right to buy) | Award | $0 | +320K | $0.00 | 320K | Mar 6, 2024 | Common Stock | 320K | $1.68 | Direct | F2 |
Id | Content |
---|---|
F1 | The options will vest over a two-year period commencing on the grant date, with 50% vesting on the grant date and 50% vesting in eight equal quarterly installments following the grant date, subject to the employee's continued employment by the Company. |
F2 | The option will vest upon reaching certain performance milestones between December 31, 2024 and March 31, 2025. |