Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | MORF | Employee Stock Options (right to buy) | Award | $0 | +170K | $0.00 | 170K | Mar 18, 2024 | Common Stock | 170K | $33.46 | Direct | F1 | |
transaction | MORF | Restricted Stock Unit | Award | $0 | +14K | $0.00 | 14K | Mar 18, 2024 | Common Stock | 14K | Direct | F2, F3 | ||
transaction | MORF | Restricted Stock Unit | Award | $0 | +7K | $0.00 | 7K | Mar 18, 2024 | Common Stock | 7K | Direct | F2, F4 |
Id | Content |
---|---|
F1 | The option vests as to 25% of the total shares on March 18, 2025, and then 2.0833% of the remaining shares shall vest monthly thereafter, subject to the reporting person's provision of service to the issuer on each vesting date. |
F2 | Each restricted stock unit ("RSU") represents a contingent right to receive 1 share of the issuer's Common Stock upon settlement. |
F3 | The RSUs vest as to 25% of the total shares on each of March 18, 2025, March 18, 2026, March 18, 2027 and March 18, 2028, subject to the reporting person's provision of service to the issuer on each vesting date. |
F4 | The RSUs vest as to 50% of the total shares on March 18, 2025 and 50% of the total shares on September 18, 2025, subject to the reporting person's provision of service to the issuer on each vesting date. |