Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | IMPL | Stock Option (right to buy) | Award | $0 | +175K | $0.00 | 175K | May 10, 2023 | Common Stock | 175K | $2.43 | Direct | F1 | |
transaction | IMPL | Restricted Stock Units (RSUs) | Award | $0 | +47.5K | $0.00 | 47.5K | May 10, 2023 | Common Stock | 47.5K | Direct | F2, F3 |
Id | Content |
---|---|
F1 | The option vests as to 25% of the total shares on May 10, 2024 and then 1/48th of the total shares vests on each monthly anniversary thereafter, subject to the reporting person's provision of service to the issuer on each vesting date. |
F2 | Each RSU represents a contingent right to receive 1 share of the issuer's Common Stock upon settlement. |
F3 | The RSUs vest as to 100% of the total shares on May 31, 2024, subject to the reporting person's continuation of employment on such vesting date. |