Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | COEP | Non-qualified Stock Options (right to buy) | Award | +375K | 375K | Jan 27, 2023 | Common Stock | 375K | $1.60 | Direct | F1, F3, F5, F7, F9 | |||
transaction | COEP | Incentive Stock Options (right to buy) | Award | +250K | 250K | Jan 27, 2023 | Common Stock | 250K | $1.76 | Direct | F2, F4, F6, F8, F10 |
Id | Content |
---|---|
F1 | On January 27, 2023, the reporting person received a grant of 375,000 stock options, as non-qualified options, under the 2022 equity incentive plan. |
F2 | On January 27, 2023, the reporting person received a grant of 250,000 incentive stock options, under the 2022 equity incentive plan. |
F3 | Options will vest over 4 years, with the first 25% vesting on 12/31/23, and the balance vesting in equal quarterly installments over the succeeding three years, with the final options vesting on 12/31/26. |
F4 | Options will vest over 4 years, with the first 25% vesting on 12/31/23, and the balance vesting in equal quarterly installments over the succeeding three years, with the final options vesting on 12/31/26. |
F5 | The exercise price is the FMV of the shares, which is equal to the Company's stock price on the Nasdaq Global Market on the day of grant. |
F6 | The exercise price is equal to 110% of the FMV of the shares on the day of grant. |
F7 | Expiration date is ten years from the day of grant |
F8 | Expiration date is five years from the day of grant, as the reporting person is a 10% owner and the options are incentive stock options. |
F9 | Following the exercise of options under both reported transactions, the reporting person will have a total of 625,000 derivative securities beneficially owned. |
F10 | Following the exercise of options under both reported transactions, the reporting person will have a total of 625,000 derivative securities beneficially owned. |