Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | KALV | Employee Stock Option (Right to Buy) | Award | $0 | +25.8K | $0.00 | 25.8K | May 17, 2022 | Common Stock | 25.8K | $9.28 | Direct | F1 | |
transaction | KALV | Restricted Stock Units | Award | $0 | +38.7K | $0.00 | 38.7K | May 17, 2022 | Common Stock | 38.7K | Direct | F2, F3 |
Id | Content |
---|---|
F1 | The option vests over a 4 year period: 1/48th on June 17,2022, after which 1/48th of the total shares vest monthly, subject to continued service through each vesting date. |
F2 | Each restricted stock unit ("RSU") represents a contingent right to receive 1 share of the Issuer's Common Stock upon settlement for no consideration. |
F3 | 1/16th of the total RSUs subject to the Award shall vest on each quarterly anniversary of the Vesting Commencement Date thereafter, subject to continued service through each vesting date. |