Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SASI | Stock Option (right to buy) | Award | $0 | +1.75K | $0.00 | 1.75K | Aug 9, 2022 | Common Stock | 1.75K | $2.50 | Direct | F1, F2 |
Id | Content |
---|---|
F1 | The option grant was previously approved by a committee of the Issuer's Board of Directors, subject to stockholder approval of an amendment to the Issuer's equity incentive plan under which the option was granted. The Issuer's stockholders approved the amendment on August 9, 2022. |
F2 | The stock option vests as follows: (i) 438 shares subject to the option vested on the date of grant, and (ii) the remaining 1,313 shares will vest in equal (as nearly as possible) monthly installments over the succeeding 36 months, subject, in each case, to the Reporting Person remaining an employee of the Issuer on the applicable vesting date. |