Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | TLIS | Stock Option (right to buy) | Award | $0 | +750K | $0.00 | 750K | Dec 1, 2021 | Common Stock | 750K | $4.47 | Direct | F1 | |
transaction | TLIS | Restricted Stock Units | Award | $0 | +625K | $0.00 | 625K | Dec 1, 2021 | Common Stock | 625K | Direct | F2, F3 |
Id | Content |
---|---|
F1 | 20% of the shares underlying this option shall vest on the first annual anniversary of the vesting commencement date and 1/60th of the shares underlying this option shall vest monthly thereafter over 48 months. |
F2 | Each restricted stock unit represents a contingent right to receive one share of the Company's common stock upon vesting. |
F3 | 20% of the shares shall vest on the first annual anniversary of the vesting commencement date and the balance of the shares will vest in a series of four equal successive annual installments. |