Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | AVRW | Stock Option | Award | $0 | +100K | $0.00 | 100K | Jan 29, 2019 | Common Stock | 100K | $3.40 | Direct | F1 | |
transaction | AVRW | Restricted Stock Unit | Award | $0 | +61.7K | $0.00 | 61.7K | Sep 23, 2020 | Common Stock | 61.7K | $0.00 | Direct | F2 |
Id | Content |
---|---|
F1 | The option becomes exercisable on the basis determined by the equity incentive plan with 12.5% of the option vesting on the first quarter anniversary of vesting start date. For each additional quarter of the participant's service the option will continue to vest until the vested ratio is 100% date. This late filing is due to an inadvertent administrative error and not any error of the reporting person. |
F2 | The reporting person received restricted stock units under the equity incentive plan. Vesting occurs within a one-year term or until the next annual meeting of shareholders. Upon vesting, the reporting person will receive a number of shares of common stock equal to the number of restricted stock units that have vested. This late filing is due to an inadvertent administrative error and not any error of the reporting person. |