Amit Vasavada - 07 Feb 2022 Form 4/A - Amendment Insider Report for MARRONE BIO INNOVATIONS INC

Role
SVP & CTO
Signature
/s/ Linda V. Moore, as attorney in fact
Issuer symbol
N/A
Transactions as of
07 Feb 2022
Net transactions value
+$50,240
Form type
4/A - Amendment
Filing time
18 Mar 2022, 17:41:47 UTC
Date Of Original Report
09 Feb 2022
Previous filing
27 May 2021
Next filing
15 Jul 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MBII Common Stock Award $50,240 +79,481 +202% $0.6321 118,830 07 Feb 2022 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MBII Stock Option (Right to Buy) Award $0 +185,455 $0.000000 185,455 07 Feb 2022 Common Stock 185,455 $0.6321 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On February 7, the reporting person was granted 79,481 restricted stock units, which represent a contingent right to receive one share of Issuer's common stock. The restricted stock units vest pursuant to the Vesting Schedule (as defined in footnote (2)) and are delivered to the reporting person upon vesting.
F2 The awards vest in equal monthly installments over three years, subject to the recipient's continued employment by the Issuer through the applicable vesting date, provided that, in lieu of the terms of any change in control agreement in place between the Issuer and the reporting person, in the event that the reporting person resigns for Good Reason (as defined in the recipient's change in control agreement) or is terminated without Cause (as defined in recipient's change in control agreement) within twelve months of a Change in Control (as defined in recipient's change in control agreement), 50% of the unvested portion of the awards will become immediately vested (the "Vesting Schedule").
F3 The original Form 4, filed on February 9, 2022, is being amended by this Form 4 amendment solely to correct an administrative error, which misstated the expiration date as February 6, 2025.