Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | BBIO | Stock Option (Right to Buy) | Award | $0 | +323K | $0.00 | 323K | Feb 10, 2023 | Common Stock | 323K | $11.41 | Direct | F1 | |
transaction | BBIO | Restricted Stock Units | Award | $0 | +278K | $0.00 | 278K | Feb 10, 2023 | Common Stock | 278K | Direct | F2, F3 |
Id | Content |
---|---|
F1 | The shares subject to this option vest and become exercisable in 48 equal monthly installments after February 10, 2023, such that all of the shares subject to the option shall be vested and exercisable on February 10, 2027, subject to the Reporting Person's continued service to the Issuer through each such date. |
F2 | Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock. |
F3 | The RSUs vest with respect to 1/16th of the underlying shares on May 16, 2023. Thereafter, 1/16th of the underlying shares shall vest on a quarterly basis, such that all of the underlying shares shall be vested on February 16, 2027, subject to the Reporting Person's continued service with the Issuer or any of its subsidiaries through each vesting date. The RSU's have no expiration date. |