Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | STRO | Stock Option (Right to Buy Common Stock) | Award | $0 | +60K | $0.00 | 60K | Mar 5, 2024 | Common Stock | 60K | $4.54 | Direct | F1 | |
transaction | STRO | Restricted Stock Units (RSUs) | Award | $0 | +45K | $0.00 | 45K | Mar 5, 2024 | Common Stock | 45K | Direct | F2, F3 |
Id | Content |
---|---|
F1 | The option vests as to 2.0833% of the total award monthly, beginning on April 1, 2024, with 100% of the award being vested and exercisable on March 1, 2028, subject to the reporting person's continued service to the Issuer on each vesting date. |
F2 | Each RSU represents a contingent right to receive one (1) share of the Issuer's Common Stock upon settlement. |
F3 | The RSUs vest as to 1/4th of the total award annually beginning on March 1, 2025, subject to continued service through each vesting date. |