Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SYRS | Stock Option (right to buy) | Award | $0 | +125K | $0.00 | 125K | Feb 15, 2022 | Common Stock | 125K | $1.59 | Direct | F1 | |
transaction | SYRS | Restricted Stock Units | Award | $0 | +80K | $0.00 | 80K | Feb 15, 2022 | Common Stock | 80K | Direct | F2, F3 |
Id | Content |
---|---|
F1 | This option becomes exercisable as to one quarter (1/4th) of the shares on February 28, 2023, with the remainder vesting in monthly installments equal to one forty-eighth (1/48th) of the original number of shares at the end of each of the next thirty-six (36) months thereafter. |
F2 | Each restricted stock unit ("RSU") represents the contingent right to receive one share of the issuer's common stock. |
F3 | These RSUs will vest in four equal annual installments commencing on March 31, 2023. |