Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
holding | ODYY | Restricted Stock Unit (Right to Buy) | May 6, 2021 | ODDY - Common Stock | 500K | Direct | F1, F2 |
Id | Content |
---|---|
F1 | The vesting of the RSU (Units) is as follows: 200,000 shares vest May 6, 2021, 200,000 vest on May 6, 2022 and 100,000 shares vest on May 6, 2023, subject to the Grantee's continuous service on the Company's Board of Directors through the applicable vesting date. If not forfeited, vesting of the Units will be accelerated and will vest in full immediately upon the closing of a Corporate Transaction, provided that Grantee provides Continuous Service to the Company through the date such Corporate Transaction is closed. Vested Units will be settled by delivering to Grantee a number of shares equal to the number of vested Units on the earlier of the date on which the Grantee's Continuous Service ends, or the closing of a Corporate Transaction. |
F2 | No expiration. |