Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | CRGE | Options, right to buy | Award | $0 | +894K | $0.00 | 894K | Nov 9, 2023 | Common Stock | 894K | $0.38 | Direct | F1 |
Id | Content |
---|---|
F1 | On November 9, 2023, the Reporting Person was granted an option to purchase 894,455 shares of common stock pursuant to the Issuer's 2020 Omnibus Equity Incentive Plan. The option will have the following vesting schedule: (i) one-third of the total amount of shares will vest on March 1, 2024, (ii) one-third of the total amount of shares will vest three months following the effective date of appointment of the successor Chief Executive Officer, and (iii) one-third of the total amount of shares will vest on the first anniversary of the effective date of the appointment of the successor Chief Executive Officer. |