Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | FSTX | Common Stock | Options Exercise | $28.7K | +261K | +162.54% | $0.11* | 422K | Jul 29, 2022 | Direct | F1, F2, F3 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | FSTX | Stock Option (right to buy) | Options Exercise | $0 | -32.6K | -100% | $0.00* | 0 | Jul 29, 2022 | Common Stock | 32.6K | $0.11 | Direct | F2, F4 |
transaction | FSTX | Stock Option (right to buy) | Options Exercise | $0 | -228K | -100% | $0.00* | 0 | Jul 29, 2022 | Common Stock | 228K | $0.11 | Direct | F2, F5 |
Id | Content |
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F1 | This Report is reporting the exempt exercise of employee stock options for cash payment thereof and receipt of the resulting shares. No shares were sold incidental to the exercise of these stock options. |
F2 | This exercise price was originally reported incorrectly as $0.08 per share due to a conversion rate error from Pound Sterling into U.S. Dollars. Using the August 2022 approximate exchange rate of 1.2211, the exercise price in U.S. Dollars would be approximately $0.11 per share. |
F3 | Includes 142,000 RSUs previously reported. Each RSU represents a contingent right to receive one share of the Issuer's common stock. |
F4 | So long as Participant remains continuously a Service Provider 28% of the total number of Shares under Award shall vest on the first anniversary of the Vesting Commencement Date, October 1, 2018, and 2% of the total number of Shares under Award shall vest monthly thereafter. |
F5 | Twenty-five per cent (25%) of the total number of Shares under Award shall vest on the first anniversary of the Vesting Commencement Date, July 1, 2020, and two and one twelfth per cent (2.083%) of the total number of Shares under Award shall vest monthly thereafter, provided in each case that the Participant remains a Service Provider continuously from the Vesting Commencement Date to the relevant date. |