Id | Content |
---|---|
F1 | On January 27, 2023, the reporting person received a grant of 200,000 incentive stock options, under the 2022 equity incentive plan. |
F2 | 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. |
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 | Expiration date is ten years from the day of grant. |