Russell Skibsted - 09 Jan 2023 Form 4 Insider Report for ALIMERA SCIENCES INC

Signature
/s/ Russell Skibsted
Issuer symbol
N/A
Transactions as of
09 Jan 2023
Net transactions value
$0
Form type
4
Filing time
10 Jan 2023, 15:29:25 UTC
Previous filing
13 Sep 2022
Next filing
28 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALIM Common Stock Award $0 +17,500 $0.000000 17,500 09 Jan 2023 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ALIM Employee Stock Option (Right to Buy) Award $0 +52,500 $0.000000 52,500 09 Jan 2023 Common Stock 52,500 $2.82 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person was awarded 17,500 shares of restricted common stock in connection with his service as an executive officer of the Issuer, which shares vest in four equal annual installments beginning January 9, 2024, so long as the Reporting Person's service as an employee of the Issuer is continuous from the Grant Date through the applicable anniversary thereof.
F2 Becomes exercisable: (a) with respect to 13,125 options, when the Reporting Person completes 12 months of continuous service with the Issuer, and (b) with respect to the remaining 39,375 options, in equal monthly installments over 36 months beginning one month after the vesting commencement date of January 9, 2024, so long as the Reporting Person's service as an employee of the Issuer is continuous from the Grant Date through the applicable vesting date.