| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | BURU | Common Stock | Award | $0 | +25K | $0.00 | 25K | Apr 18, 2023 | Direct | F1, F2 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| Id | Content |
|---|---|
| F1 | The reported securities are RSUs that entitle the Reporting Person to receive one share of Common Stock per RSU upon vesting. A total of one-eighth (1/8th) of the shares subject to this grant become vested on each Quarterly Vesting Date following the Vesting Commencement Date, subject to the Reporting Person remaining a service provider through each such vesting date. "Vesting Commencement Date" shall mean January 31, 2023. "Quarterly Vesting Date" shall mean each of January 31, April 30, July 31, and October 31. |
| F2 | Includes 25,000 shares granted as RSUs. As of the transaction date, zero RSUs have vested. |