Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SLDB | Director Stock Option (Right to Buy) | Award | $0 | +195K | $0.00 | 195K | Jan 3, 2022 | Common Stock | 195K | $1.78 | Direct | F1 | |
transaction | SLDB | Restricted Stock Units | Award | $0 | +97.3K | $0.00 | 97.3K | Jan 3, 2022 | Common Stock | 97.3K | Direct | F2, F3 |
Id | Content |
---|---|
F1 | This option was granted on January 3, 2022 pursuant to a services agreement between the reporting person and the Issuer and will vest in equal quarterly installments beginning three months from the date of the grant, with the final installment vesting 12 months from the date of the grant, subject to continued service as a director, and in the event of a change in control, the vesting schedule of the option will accelerate in full. |
F2 | Each restricted stock unit represents a contingent right to receive one share of the Issuers common stock. |
F3 | The restricted stock units were granted on January 3, 2022 and vest on the same schedule as set forth in footnote (1) above. |