Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | LUNA | Stock Units | Award | $0 | +11.8K | +16.22% | $0.00 | 84.7K | May 10, 2022 | Common Stock | 11.8K | Direct | F1, F2, F3 |
Id | Content |
---|---|
F1 | Stock Units are convertible into issuer's common stock on a 1-for-1 basis. |
F2 | This grant was awarded in connection with Mr. Phelps's service a member of the board of directors, pursuant to the issuer's non-employee director compensation policy. The number of stock units awarded is equal to $63,000 divided by $5.33, the closing price of the issuer's stock on the Nasdaq Capital Market on May 10, 2022, the date of grant. |
F3 | The stock units vest upon the earlier of the one year anniversary of the grant date or the issuer's annual meeting of stockholders and, subject to vesting, will become issuable in common stock of the issuer at the election of the Reporting Person upon the earliest to occur of the Reporting Person's termination of service, a change in control of the issuer, an unforeseeable emergency, or a fixed date selected by the Reporting Person. The stock units have no expiration date. |