Nevan C. Elam - 23 Jun 2022 Form 4 Insider Report for Rezolute, Inc. (RZLT)

Role: Chief Executive Officer, Director
Signature: /s/ Nevan C. Elam
Issuer symbol: RZLT
Transactions as of: 23 Jun 2022
Net transactions value: $0
Form type: 4
Filing time: 27 Jun 2022, 17:56:31 UTC
Previous filing: 14 Dec 2021
Next filing: 03 Nov 2022
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)	Award	$0	+2,600,000		$0.000000	2,600,000	23 Jun 2022	Common Stock	2,600,000	$3.40	Direct	F1

* 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 fourth (1/4) of such Options shall vest on the one year anniversary of the Grant date and one thirty-sixth (1/36) of the remaining Options shall vest on the same day of each month thereafter 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.

Content

This Option shall vest and become exercisable as follows: one fourth (1/4) of such Options shall vest on the one year anniversary of the Grant date and one thirty-sixth (1/36) of the remaining Options shall vest on the same day of each month thereafter 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.