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

Role
Chief Executive Officer, Director
Signature
/s/ Nevan C. Elam
Stock symbol
RZLT
Transactions as of
Jun 14, 2021
Transactions value $
$0
Form type
4/A - Amendment
Date filed
8/31/2021, 02:02 PM
Date Of Original Report
Jul 14, 2021
Next filing
Aug 19, 2021

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 -34.8K -100% $0.00* 0 Jun 14, 2021 Common Stock 34.8K $103.00 Direct F3
transaction RZLT Stock Option (right to buy) Disposed to Issuer $0 -70K -100% $0.00* 0 Jun 14, 2021 Common Stock 70K $60.00 Direct
transaction RZLT Stock Option (right to buy) Award $0 +375K +125% $0.00 675K Jun 14, 2021 Common Stock 675K $12.28 Direct F1, F3
transaction RZLT Stock Option (right to buy) Disposed to Issuer $0 -100K -14.81% $0.00 575K Jun 14, 2021 Common Stock 100K $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.