Nevan C. Elam - 14 Jun 2021 Form 4/A - Amendment Insider Report for Rezolute, Inc. (RZLT)

Role
Chief Executive Officer, Director
Signature
/s/ Nevan C. Elam
Issuer symbol
RZLT
Transactions as of
14 Jun 2021
Net transactions value
$0
Form type
4/A - Amendment
Filing time
31 Aug 2021, 14:02:29 UTC
Date Of Original Report
14 Jul 2021
Next filing
19 Aug 2021
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction RZLT Stock Option (right to buy) Disposed to Issuer $0 -34,800 -100% $0.000000* 0 14 Jun 2021 Common Stock 34,800 $103.00 Direct F3
transaction RZLT Stock Option (right to buy) Disposed to Issuer $0 -70,000 -100% $0.000000* 0 14 Jun 2021 Common Stock 70,000 $60.00 Direct
transaction RZLT Stock Option (right to buy) Award $0 +375,000 +125% $0.000000 675,000 14 Jun 2021 Common Stock 675,000 $12.28 Direct F1, F3
transaction RZLT Stock Option (right to buy) Disposed to Issuer $0 -100,000 -15% $0.000000 575,000 14 Jun 2021 Common Stock 100,000 $14.50 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This Option shall vest and become exercisable as follows: one thirty-sixth (1/36) of such Options shall vest on the first date of the month following the Grant Date and each month thereafter on the first date of each month until the Option is 100% vested. The unvested portion of the option will not be exercisable on or after the Reporting Person's termination of Continuous Service subject to the terms of the Reporting Person's employment agreement.
F2 The disposed of options only vest equally over a 36-month period following certain performance and market price criteria, which had not been met through date of disposition.
F3 The number of derivative securities beneficially owned is based on post-split stock numbers.