Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | MITQ | Employee Stock Options (right to buy) | Award | $0 | +100K | $0.00 | 100K | May 26, 2023 | Common Stock | 100K | $1.10 | Direct | F1, F2 |
Id | Content |
---|---|
F1 | Employee stock options (right to buy) ("Options") granted pursuant to Issuer's 2019 Incentive Stock Option Plan. Such Options represent a portion of Reporting Person's compensation as a director of Issuer. |
F2 | Options vested 25% immediately on May 26, 2023, with the balance vesting at 25% per year on the anniversary date of the grant thereafter. |