Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | BFRG | Stock options (Right to buy) | Award | $0 | +75K | $0.00 | 75K | Mar 17, 2023 | Common stock | 75K | $2.80 | Direct | F1, F2 |
Id | Content |
---|---|
F1 | The options vest 1/3 upon issuance, 1/3 vesting in one year and 1/3 vesting in two years. As of March 17, 2023, 25,000 shares vested upon issuance. |
F2 | No incentive stock option shall be exercisable after the expiration of 10 years from the grant date. The options that vested on March 17, 2023 will expire on March 17, 2033. |