Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | KAVL | Stock Options | Disposed to Issuer | $0 | -16.7K | -100% | $0.00* | 0 | Jun 24, 2022 | Common Stock | 16.7K | $10.56 | Direct | F1 |
transaction | KAVL | Stock Options | Disposed to Issuer | $0 | -8.33K | -33.34% | $0.00 | 16.7K | Jun 24, 2022 | Common Stock | 8.33K | $25.98 | Direct | F1 |
transaction | KAVL | Stock Options | Award | $0 | +125K | $0.00 | 125K | Jun 24, 2022 | Common Stock | 125K | $1.72 | Direct | F2 |
Id | Content |
---|---|
F1 | The Company discovered that it inadvertently granted stock options to the reporting person in excess of the annual award limits for non-employee directors set forth in the Company's 2020 Stock and Incentive Compensation Plan. Accordingly, the Company and the reporting person agreed to cancel stock options that were granted in excess of such annual award limit. |
F2 | The shares underlying the stock option vested completely on the grant date. |