Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | IDN | Stock Option (Right to Buy) | Award | $359K | +133K | $2.70 | 133K | Mar 3, 2023 | Common Stock | 133K | $2.70 | Direct | F1, F2 |
Id | Content |
---|---|
F1 | Of these options, 50% (66,500) have no premium (i.e. exercise price equals stock price at grant); 25% (33,250) of the options have a 20% premium (i.e. exercise price equals stock price at grant plus 20%); and 25% (33,250) of the options have a 40% premium (i.e. exercise price equals stock price at grant plus 40%). |
F2 | One-third of this Option shall vest upon the first anniversary of the date of grant and the remaining two-thirds of this Option shall vest quarterly over the following two years. |