Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ALGS | Stock Option (Right to Buy) | Disposed to Issuer | $0 | -176K | -100% | $0.00* | 0 | Feb 27, 2024 | Common Stock | 176K | $16.18 | Direct | F1 |
transaction | ALGS | Stock Option (Right to Buy) | Disposed to Issuer | $0 | -105K | -100% | $0.00* | 0 | Feb 27, 2024 | Common Stock | 105K | $3.06 | Direct | F2 |
transaction | ALGS | Stock Option (Right to Buy) | Disposed to Issuer | $0 | -26.3K | -100% | $0.00* | 0 | Feb 27, 2024 | Common Stock | 26.3K | $3.06 | Direct | F3 |
transaction | ALGS | Stock Option (Right to Buy) | Award | $0 | +51.8K | $0.00 | 51.8K | Feb 28, 2024 | Common Stock | 51.8K | $0.96 | Direct | F1, F4 | |
transaction | ALGS | Stock Option (Right to Buy) | Award | $0 | +75K | $0.00 | 75K | Feb 28, 2024 | Common Stock | 75K | $0.96 | Direct | F2, F5 | |
transaction | ALGS | Stock Option (Right to Buy) | Award | $0 | +18.8K | $0.00 | 18.8K | Feb 28, 2024 | Common Stock | 18.8K | $0.96 | Direct | F3, F4 |
Id | Content |
---|---|
F1 | On February 27, 2024, the issuer canceled, pursuant to the issuer's option exchange program, an option for 176,237 of the issuer's shares granted to the reporting person on December 1, 2020. In exchange, on February 28, 2024, the reporting person received a replacement option, for 51,833 shares, having an exercise price of $0.96 per share. |
F2 | On February 27, 2024, the issuer canceled, pursuant to the issuer's option exchange program, an option for 105,000 of the issuer's shares granted to the reporting person on February 4, 2022. In exchange, on February 28, 2024, the reporting person received a replacement option, for 74,998 shares, having an exercise price of $0.96 per share. |
F3 | On February 27, 2024, the issuer canceled, pursuant to the issuer's option exchange program, an option for 26,250 of the issuer's shares granted to the reporting person on February 4, 2022. In exchange, on February 28, 2024, the reporting person received a replacement option, for 18,750 shares, having an exercise price of $0.96 per share. |
F4 | The shares subject to the option will vest and become exercisable on the one year anniversary of the date of grant, subject to the reporting person's continued service with the issuer through such one year anniversary. |
F5 | The shares subject to the option will vest and become exercisable as to 75% of the total number of shares subject to the option on the one year anniversary of the date of the grant and with respect to 1/48th of the total number of shares subject to the option in successive, equal monthly installments on each monthly anniversary thereafter, subject to the reporting person's continued service with the issuer on each such vesting date. |
Chief Financial Officer