Brady Davis - 09 Oct 2023 Form 4 Insider Report for CHAMPIONS ONCOLOGY, INC. (CSBR)

Role
President
Signature
/s/ Brady Davis
Issuer symbol
CSBR
Transactions as of
09 Oct 2023
Net transactions value
+$1,368,250
Form type
4
Filing time
01 Apr 2024, 15:18:24 UTC
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 CSBR Option to purchase Common Stock Award $877,500 +135,000 $6.50 135,000 09 Oct 2023 Common Stock 135,000 $6.50 Direct F1
transaction CSBR Option to purchase Common Stock Award $48,750 +7,500 +5.6% $6.50 142,500 09 Oct 2023 Common Stock 7,500 $6.50 Direct F2
transaction CSBR Option to purchase Common Stock Award $442,000 +68,000 +48% $6.50 210,500 09 Oct 2023 Common Stock 68,000 $6.50 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The options vest over a four year period and are exercisable over a ten year period, with vesting to occur on October 9, 2024, October 9, 2025, October 9, 2026 and October 9, 2027, respectively.
F2 The options vest fully (100%) on the one year anniversary of the date of grant and are exercisable over a ten year period, with vesting to occur on October 9, 2024.
F3 The options vest over a four year period starting from the one year anniversary of the achievement of specific performance criteria and are exercisable over a ten year period.