Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | STRO | Stock Option (right to buy) | Award | $0 | +175K | $0.00 | 175K | Sep 18, 2023 | Common Stock | 175K | $3.77 | Direct | F1 | |
transaction | STRO | Restricted Stock Unit (RSU) | Award | $0 | +150K | $0.00 | 150K | Sep 18, 2023 | Common Stock | 150K | Direct | F2, F3 |
Id | Content |
---|---|
F1 | 25% of the option award vests on September 18, 2024. The remainder vests ratably as to 1/48th of the total award monthly thereafter, subject to the reporting person's continued service to the Issuer on each vesting date. |
F2 | Each RSU represents a contingent right to receive one (1) share of the Issuer's Common Stock upon settlement. |
F3 | The RSU award vests annually as to 1/4th of the total award beginning on September 18, 2024, subject to the reporting person's continued service to the Issuer on each vesting date. |