Mark Zediker - Jul 18, 2023 Form 4 Insider Report for Nuburu, Inc. (BURU)

Signature
/s/ Brian Knaley, by power of attorney on behalf of Mark Zediker
Stock symbol
BURU
Transactions as of
Jul 18, 2023
Transactions value $
$0
Form type
4
Date filed
7/20/2023, 01:31 PM
Previous filing
May 24, 2023

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BURU Stock Option (right to buy) Award $0 +500K $0.00 500K Jul 18, 2023 Common Stock 500K $0.57 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 25% of the shares subject to the option shall vest and become exercisable on the first anniversary of July 18, 2023 (the "Vesting Commencement Date"), and thereafter, the remainder of the reported securities vest in equal monthly increments over the following 36 months, such that 100% of the reported securities will be vested as of the fourth anniversary of the Vesting Commencement Date, subject to the Reporting Person remaining a service provider through each such vesting date.