John R. Bolton - 31 Aug 2023 Form 4 Insider Report for Nuburu, Inc. (BURU)

Role
Director
Signature
/s/ Brian Knaley, by power of attorney on behalf of John R Bolton
Issuer symbol
BURU
Transactions as of
31 Aug 2023
Net transactions value
$0
Form type
4
Filing time
01 Sep 2023, 17:05:24 UTC
Previous filing
25 Aug 2023
Next filing
04 Jan 2024
SEC
View on sec.gov

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 +41,667 $0.000000 41,667 31 Aug 2023 Common Stock 41,667 $0.3890 Direct F1
transaction BURU Stock Option (right to buy) Award $0 +20,000 $0.000000 20,000 31 Aug 2023 Common Stock 20,000 $0.3890 Direct F2
transaction BURU Stock Option (right to buy) Award $0 +50,000 $0.000000 50,000 01 Sep 2023 Common Stock 50,000 $0.4542 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares subject to this stock option are subject to service-based vesting requirements. 1/10th of the shares subject to the option shall vest and become exercisable on the first day of each month following August 31, 2023 beginning on October 1, 2023 such that 100% of the shares subject to this stock option will be vested on the one-year anniversary of Nuburu, Inc. 2023 annual general meeting of stockholders, subject to the Report Person remaining a service provider through each such vesting date.
F2 The shares subject to this stock option are subject to service-based vesting requirements. 1/12th of the shares subject to the option shall vest and become exercisable on the first day of each month following June 16, 2023 beginning on July 1, 2023 such that 100% of the shares subject to this stock option will be vested on June 1, 2024, subject to the Report Person remaining a service provider through each such vesting date.
F3 The shares subject to this stock option are subject to service-based vesting requirements. 1/24th of the shares subject to the option shall vest and become exercisable on the first day of each month following September 1, 2023 (the "Vesting Commencement Date") beginning on October 1, 2023 such that 100% of the shares subject to this stock option will be vested on the two-year anniversary of the Vesting Commencement Date, subject to the Report Person remaining a service provider through each such vesting date.