Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | GCEH | Stock Option (right to buy) | Award | $0 | +200K | $0.00 | 200K | Mar 11, 2021 | Common Stock | 200K | $0.42 | Direct | F1, F2 |
Id | Content |
---|---|
F1 | The Issuer effected a 1-for-10 reverse stock split on March 26, 2021, which subsequently reduced the number of stock options issued to 20,000 and increased the conversion price to $4.20. |
F2 | The Stock Option shall vest in four equal quarterly installments on March 31, 2021, June 30, 2021, September 30, 2021, and December 31, 2021. |