Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | COEP | Incentive Stock Options (right to buy) | Award | +200K | 200K | Jan 27, 2023 | Common Stock | 200K | $1.60 | Direct | F1, F2, F3, F4 |
Id | Content |
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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. |