Ran Nussbaum - May 19, 2021 Form 4 Insider Report for Eloxx Pharmaceuticals, Inc. (ELOX)

Role
Director
Signature
/s/ Neil S. Belloff, Attorney-in-Fact
Stock symbol
ELOX
Transactions as of
May 19, 2021
Transactions value $
$0
Form type
4
Date filed
5/20/2021, 04:10 PM
Previous filing
May 17, 2021
Next filing
Jun 3, 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 ELOX Stock Option (Right to Buy) Award $0 +20K $0.00 20K May 19, 2021 Common Stock 20K $1.48 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The stock option was issued pursuant to the Issuer's 2018 Equity Incentive Plan and vests as follows: one half (1/2) of the shares underlying the option shall vest on May 19, 2022 (the "Cliff Vesting Date"), the remainder of the grant shall vest in twelve (12) equal installments on each successive monthly anniversary of the Cliff Vesting Date, subject to Reporting Person's continuous service as of each such date.
F2 The Reporting Person will assign the economic interests of this grant to the Pontifax funds, where he serves as a director of the General Partner.