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

Role: Chief Financial Officer
Signature: /s/ Brian Knaley
Stock symbol: BURU
Transactions as of: Jul 18, 2023
Transactions value $: $0
Form type: 4
Date filed: 7/20/2023, 01:33 PM
Previous filing: Feb 2, 2023
Next filing: Nov 3, 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	+420K		$0.00	420K	Jul 18, 2023	Common Stock	420K	$0.57	Direct	F1
transaction	BURU	Stock Option (right to buy)	Award	$0	+345K		$0.00	345K	Jul 18, 2023	Common Stock	345K	$0.57	Direct	F2

* 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.
F2	The shares subject to the option shall vest in 36 equal monthly increments and become exercisable monthly from July 18, 2023 (the "Vesting Commencement Date"), and thereafter, such that 100% of the reported securities will be vested as of the third anniversary of the Vesting Commencement Date, subject to the Reporting Person remaining a service provider through each such vesting date.

Content

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.

The shares subject to the option shall vest in 36 equal monthly increments and become exercisable monthly from July 18, 2023 (the "Vesting Commencement Date"), and thereafter, such that 100% of the reported securities will be vested as of the third anniversary of the Vesting Commencement Date, subject to the Reporting Person remaining a service provider through each such vesting date.