Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | MGNX | Stock Option (right to buy) | Award | $0 | +19K | $0.00 | 19K | May 31, 2023 | Common Stock | 19K | $4.67 | Direct | F1 | |
transaction | MGNX | Restricted Stock Unit | Award | $0 | +4.5K | $0.00 | 4.5K | May 31, 2023 | Common Stock | 4.5K | $0.00 | Direct | F2, F3 |
Id | Content |
---|---|
F1 | The option will vest and become exercisable in monthly, cumulative 1/12th increments (rounded upwards for whole shares) beginning one month from the date of grant. |
F2 | Each restricted stock unit (RSU) represents a contingent right to receive one share of the Issuer?s Common Stock. The RSU grant was approved by the Issuer?s Board of Directors on May 31, 2023 and will be effective as of the date the Issuer has an effective Registration Statement on Form S-8 registering the shares available for issuance under the 2023 Equity Incentive Plan. |
F3 | The RSUs will vest one year after the date of grant, or the day prior to the next annual meeting, if earlier |