Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | MGRX | Common Stock | Award | $0 | +75K | $0.00 | 75K | May 1, 2023 | Direct | F1 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | MGRX | Stock Option (Right to Buy) | Award | $0 | +150K | $0.00 | 150K | May 1, 2023 | Common Stock | 150K | $1.10 | Direct | F2, F3 |
Id | Content |
---|---|
F1 | Issued as a sign-on bonus for agreeing to become the Chief Operating Officer of the Issuer. Issued under the registrant's 2022 Equity Incentive Plan. Exempt pursuant to Rule 16b-3. |
F2 | The Stock Options were granted to the Reporting Person pursuant to the Issuer's 2022 Equity Incentive Plan in consideration for services to be rendered as Chief Operating Officer. Granted under the registrant's 2022 Equity Incentive Plan. Exempt from Section 16(b) pursuant to Rule 16b-3. |
F3 | The options vest at the rate of 1/3rd of such options on each of May 1, 2024, 2025 and 2026, subject to the Reporting Person's continued service to the Company on such vesting dates. |