Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | RARE | Common Stock | Award | $0 | +80.4K | $0.00 | 80.3K | Oct 9, 2023 | Direct | F1 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | RARE | Stock Option (Right to Buy) | Award | $0 | +140K | $0.00 | 140K | Oct 9, 2023 | Common Stock | 140K | $35.68 | Direct | F2 |
Id | Content |
---|---|
F1 | Award of Restricted Stock Units ("RSUs") under the Company's Employment Inducement Plan. The RSUs shall vest with respect to 1/4th of the underlying shares on each anniversary of the grant date, such that the RSUs are fully vested on the fourth anniversary of the grant date. |
F2 | The option shall vest with respect to 1/4th of the shares on the first anniversary of the grant date of the option and 1/48th of the shares initially subject to the option shall continue to vest on each month such that the option will fully vest on the fourth anniversary of the grant date. |