Gregory L. Weaver - Nov 11, 2024 Form 4 Insider Report for Altimmune, Inc. (ALT)

Role
Chief Financial Officer
Signature
/s/ Vipin K. Garg, as Attorney-in-Fact
Stock symbol
ALT
Transactions as of
Nov 11, 2024
Transactions value $
$0
Form type
4
Date filed
11/12/2024, 04:50 PM
Previous filing
Nov 17, 2023

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ALT Stock Options (option to buy) Award $0 +225K $0.00 225K Nov 11, 2024 Common Stock, par value $0.0001 225K $7.35 Direct F1
transaction ALT Restricted Stock Units Award $0 +75K $0.00 75K Nov 11, 2024 Common Stock, par value $0.0001 75K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares underlying the option become vested and exercisable over four (4) years with 25% of the shares vesting on November 11, 2025, with the remainder vesting in equal monthly installments for the following thirty-six (36) months, subject to the reporting person's continued service on each applicable vesting date.
F2 Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Common Stock, par value $0.0001, when vested
F3 The RSUs become vested over four (4) years with 25% of the shares vesting November 11, 2025, with the remainder vesting in equal annual installments for the following three (3) years, subject to the reporting person's continued service through the applicable vesting date, and have no expiration date.