Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SLRN | Employee Stock Option (right to buy) | Award | $0 | +85.2K | $0.00 | 85.2K | May 4, 2023 | Class A Common Stock | 85.2K | $18.00 | Direct | F1, F2 |
Id | Content |
---|---|
F1 | 1/4 of the shares subject to the option vest on May 4, 2024, and 1/48 of the shares subject to the option vest in equal monthly installments thereafter, subject to the Reporting Person's continued service. |
F2 | Each share of Class A Common Stock shall be reclassified into one share of Common Stock immediately prior to the completion of the Issuer's initial public offering of Common Stock. |