Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | XWEL | Stock Option (right to buy) | Award | $0 | +300K | $0.00 | 300K | Jan 5, 2023 | Common Stock | 300K | $0.40 | Direct | F1, F2 |
Id | Content |
---|---|
F1 | This grant is pursuant to the directors compensation plan. |
F2 | The option vests in equal quarterly installments over a one-year period, with one-fourth vesting at the end of each calendar quarter, such that the options will be fully vested as of December 31, 2023. |
This amendment is being filed to correct the exercise price for the stock option grant and to revise the text of footnote 1.