Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | PRVB | Stock Option (right to buy) | Award | $0 | +140K | $0.00 | 140K | May 12, 2021 | Common Stock, par value $0.0001 | 140K | $6.80 | Direct | F1, F2 |
Id | Content |
---|---|
F1 | 69,750 of the options granted will vest as follows: 25% will vest and become exercisable on May 12, 2022 and 75% will vest and become exercisable monthly over 36 months such that these options will be fully vested and exercisable on May 12, 2025. The remaining 69,750 of the options granted will vest and become exercisable, if at all, in three equal installments of 23,250 options, with each such installment triggered upon the achievement of one of three separate corporate performance milestones prior to or during the year 2024. |
F2 | The securities were granted pursuant to the Issuer's Amended and Restated 2017 Equity Incentive Plan. |