Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ARCT | Stock option (right to buy) | Award | $0 | +20K | $0.00 | 20K | Dec 8, 2022 | Common Stock | 20K | $18.04 | Direct | F1 | |
transaction | ARCT | Stock option (right to buy) | Award | $0 | +6.99K | $0.00 | 6.99K | Dec 8, 2022 | Common Stock | 6.99K | $18.04 | Direct | F2 |
Id | Content |
---|---|
F1 | Shares underlying the option vest monthly over a two year period from the date of grant. This represents the initial grant to the Reporting Person as a member of the Board of Directors (the "Board"). |
F2 | Shares underlying the option vest monthly over a one year period from the date of grant. This represents the annual grant to the Reporting Person as a member of the Board, prorated based on the date the Reporting Person was appointed to the Board, representing an estimated six months of service. |