Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | PALI | Restricted Stock Units | Award | $0 | +5.1K | $0.00 | 5.1K | Jun 11, 2023 | Common Stock | 5.1K | Direct | F1, F2, F3, F4 | ||
transaction | PALI | Common Stock Options | Award | $0 | +12.2K | $0.00 | 12.2K | Jun 11, 2023 | Common Stock | 12.2K | $1.60 | Direct | F1, F2, F5 |
Id | Content |
---|---|
F1 | Represents partial compensation for services as a director pursuant to Issuer's director compensation policy, which includes 5,100 restricted stock units and 7,000 common stock purchase options. The grants were issued from Issuer's 2021 Equity Incentive Plan. In addition, Reporting Person received, per its election, an additional 5,160 common stock purchase options as a discretionary grant. |
F2 | The grants vest fully on the one (1) year anniversary of the grant date. |
F3 | Each restricted stock unit represents the right to receive one share of common stock. |
F4 | N/A |
F5 | Each option represents the right to purchase one share of common stock at the exercise price. |