Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | OTLK | Stock Option (Right to Buy) | Award | $0 | +800K | $0.00 | 800K | Dec 21, 2021 | Common Stock | 800K | $1.44 | Direct | F1 |
Id | Content |
---|---|
F1 | 25% of the shares subject to the option shall vest on December 21, 2022, with the remaining shares vesting in equal monthly installments over the following three years thereafter, subject to the Reporting Person's continuous service with the Issuer on each such date. The option is also subject to acceleration under certain circumstances. |