Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SLGC | Employee Stock Option (Right to Buy) | Award | $0 | +27.3K | $0.00 | 27.3K | Aug 16, 2023 | Common Stock | 27.3K | $2.04 | Direct | F1 | |
transaction | SLGC | Restricted Stock Unit (RSU) | Award | $0 | +15.9K | $0.00 | 15.9K | Aug 16, 2023 | Common Stock | 15.9K | Direct | F2, F3 |
Id | Content |
---|---|
F1 | The option vests as to 1/4 of the total grant on August 16, 2024, and thereafter 1/36th of the total grant vest monthly until such time as the option is 100% vested, subject to the continued service of the Reporting Person on each vesting date. |
F2 | Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock upon settlement for no consideration. |
F3 | The RSUs vest as to 1/4th of the total grant on each of August 16, 2024, August 16, 2025, August 16, 2026 and August 16, 2027, subject to the continued service of the Reporting Person on each vesting date. |