Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SMMT | Stock Option (right to buy) | Award | +200K | 200K | Nov 15, 2022 | Common Stock | 200K | $1.09 | Direct | F1, F2 | |||
transaction | SMMT | Stock Option (right to buy) | Award | +4.17K | +2.08% | 204K | Nov 15, 2022 | Common Stock | 4.17K | $1.09 | Direct | F2, F3 |
Id | Content |
---|---|
F1 | The option was granted on November 15, 2022. The shares underlying the option are scheduled to vest in four equal annual installments, with the first such installment occurring on November 15, 2023. |
F2 | Not applicable. |
F3 | The option was granted on November 15, 2022 and represents a pro rata amount of the annual 25,000 option board grant based approximately on the number of days the Reporting Person is anticipated to serve as a director. The shares underlying the option are scheduled to vest in full on December 31, 2022. |