Phillip Nicholas Grandinetti III - Jun 25, 2021 Form 4 Insider Report for SenesTech, Inc. (SNES)

Role
Director
Signature
/s/ Thomas C. Chesterman, Attorney-in-fact
Stock symbol
SNES
Transactions as of
Jun 25, 2021
Transactions value $
$37,000
Form type
4
Date filed
6/29/2021, 06:32 PM
Next filing
Jul 6, 2022

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 SNES Stock Option (right to buy) Award $0 +41.1K $0.00 41.1K Jun 25, 2021 Common Stock 41.1K $1.66 Direct F1
transaction SNES Stock Option (right to buy) Award $37K +39K +94.87% $0.95 80.2K Jun 25, 2021 Common Stock 39K $1.66 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option vests and becomes exercisable as to 25% of the total shares on the first day of each calendar quarter following the date of grant, with 100% of the options fully vested on earlier of the first anniversary of the grant date or the first annual meeting of stockholders of the Company after the grant date (subject to the recipient's continued service to the Company through such vesting date).
F2 This option was issued to the reporting person pursuant to the Company's Non-Employee Director Compensation Program in lieu of retainer and meeting fees of $37,000.