Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | MORF | Stock Option (right to buy Common Stock) | Award | $0 | +85.6K | $0.00 | 85.6K | Jan 14, 2022 | Common Stock | 85.6K | $44.75 | Direct | F1 | |
transaction | MORF | Restricted Stock Units (RSU) | Award | $0 | +18.8K | $0.00 | 18.8K | Jan 14, 2022 | Common Stock | 18.8K | Direct | F2, F3 |
Id | Content |
---|---|
F1 | The option vests as to 2.0833% of the total shares monthly, beginning February 14, 2022, with 100% of the total shares vested and exercisable on January 14, 2026, subject to the reporting person's provision of service to the issuer on each vesting date. |
F2 | Each restricted stock unit ("RSU") represents a contingent right to receive one (1) share of the Issuer's Common Stock upon settlement. |
F3 | The RSUs vest as to 25% of the total shares on each of January 14, 2023, January 14, 2024, January 14, 2025, and January 14, 2026, subject to the reporting person's provision of service to the issuer on each vesting date. |