Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | NRIX | Employee Stock Option (right to buy) | Award | $0 | +34.6K | $0.00 | 34.6K | Jan 19, 2022 | Common Stock | 34.6K | $19.49 | Direct | F1 | |
transaction | NRIX | Restricted Stock Units | Award | $0 | +15.4K | $0.00 | 15.4K | Jan 19, 2022 | Common Stock | 15.4K | $0.00 | Direct | F2, F3, F4 |
Id | Content |
---|---|
F1 | The stock option vests as to 1/48 of the total shares monthly beginning February 19, 2022 until the option is fully vested on January 19, 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 share of the Issuer's common stock. |
F3 | The RSUs will vest in substantially equal increments quarterly over four years, with the first quarterly increment vesting on April 30, 2022, subject to the Reporting Person's provision of services to the Issuer on each vesting date. Shares of the Issuer's Common Stock will be delivered to the Reporting Person following vesting. |
F4 | RSUs do not expire; they either vest or are canceled prior to the vest date. |