Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | OCX | Option to Purchase Common Stock | Award | $0 | +200K | $0.00 | 200K | Jun 20, 2024 | Common Stock | 200K | $2.87 | Direct | F1, F2 | |
transaction | OCX | Restricted Stock Units | Award | $0 | +100K | +50% | $0.00 | 300K | Jun 20, 2024 | Common Stock | 100K | Direct | F1, F3 |
Id | Content |
---|---|
F1 | Granted on June 20, 2024 (the "Grant Date"), but such award is subject to shareholder approval of an increase in the number of shares available for issuance under the Oncocyte 2018 Equity Incentive Plan. Following such shareholder approval, an additional Form 4 will be filed with respect to the grant in accordance with pursuant to Section 16(a) of the Securities Exchange Act of 1934, as amended. |
F2 | The Option shall vest as follows, subject to the Reporting Person's continued compliance with any restrictive covenants by which the Reporting Person may be bound and continuous service as an employee of the Issuer or a Subsidiary from June 17, 2024, through the applicable vesting date: (A) twenty-five percent (25%) of the shares subject to the Option will vest and thereby become exercisable upon the one-year anniversary of the Grant Date, and (B) 75% of the shares subject to the Option will vest in thirty-six (36) substantially equal monthly installments thereafter. |
F3 | See Exhibit 99 attached hereto. |