Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
holding | BFYW | Common Stock | 25K | Sep 30, 2021 | Direct | F1 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
holding | BFYW | Option to Purchase Common Stock | Sep 30, 2021 | Common Stock | 4M | $0.25 | Direct | F2 |
Id | Content |
---|---|
F1 | 25,000 shares of Common Stock are granted every quarter starting on September 30, 2021, under certain conditions (200,000 shares of Common Stock in total over a period of eight quarters). |
F2 | The Options to Purchase Common Stock vest at a rate of 12.5% (Options to purchase 25,000 shares of Common Stock) starting on September 30, 2021 and 12.5% (Options to purchase 25,000 shares of Common Stock) per quarter thereafter. Accordingly, the Options to Purchase Common Stock will be fully vested on June 30, 2023. The options are exercisable from the first anniversary of the grant date. |