Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | AURX | Option to Purchase Common Stock | Award | $0 | +275K | $0.00 | 275K | Jun 6, 2022 | Common Stock | 275K | $0.75 | Direct | F1, F2 |
Id | Content |
---|---|
F1 | The grant of these options was approved by the issuer's Board of Directors on March 4, 2022, subject to stockholder approval of an amendment to increase the number of shares available for issuance under the issuer's 2016 Omnibus Incentive Compensation Plan pursuant to which the options were granted. Stockholder approval was obtained by means of a written consent and the issuer filed a related Information Statement on Schedule 14C with the SEC on April 27, 2022. The stockholder approval became effective on June 6, 2022. |
F2 | One-third exercisable immediately on 03/04/2022 and the remainder exercisable quarterly over three years. |