Jacob Steven Leach - 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 $: $32,000
Form type: 4
Date filed: 6/29/2021, 06:32 PM
Previous filing: Jun 10, 2021
Next filing: Aug 2, 2021

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	+39K		$0.00	39K	Jun 25, 2021	Common Stock	39K	$1.66	Direct	F1
transaction	SNES	Stock Option (right to buy)	Award	$32K	+33.8K	+86.48%	$0.95	72.8K	Jun 25, 2021	Common Stock	33.8K	$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 $32,000.

Content

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).

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 $32,000.