Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | MGTX | Stock Option (Right to Buy) | Award | $0 | +135K | $0.00 | 135K | Feb 21, 2023 | Ordinary Shares | 135K | $8.60 | Direct | F1 | |
transaction | MGTX | Restricted Share Units | Award | $0 | +240K | $0.00 | 240K | Feb 21, 2023 | Ordinary Shares | 240K | Direct | F2, F3 |
Id | Content |
---|---|
F1 | The option vests as to one quarter of the total grant on February 21, 2024 and vests as to the remainder in 36 equal monthly installments thereafter. |
F2 | Each restricted share unit converts into one ordinary share upon vesting. |
F3 | Fifty percent of the restricted share unit award will vest on the second anniversary of the grant date and twenty-five percent of the restricted share unit award will vest on each of the third and fourth anniversaries of the grant date. |