Lisa Ricciardi - Oct 7, 2021 Form 3 Insider Report for COGNITION THERAPEUTICS INC (CGTX)

Role
CEO & President, Director
Signature
/s/ Lisa Ricciardi, Attorney-in-Fact
Stock symbol
CGTX
Transactions as of
Oct 7, 2021
Transactions value $
$0
Form type
3
Date filed
10/7/2021, 08:05 PM
Next filing
Oct 14, 2021

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding CGTX Stock Option (right to buy) Oct 7, 2021 Common Stock 20.1K $1.07 Direct F1
holding CGTX Stock Option (right to buy) Oct 7, 2021 Common Stock 7.73K $1.07 Direct F2
holding CGTX Stock Option (right to buy) Oct 7, 2021 Common Stock 896K $1.20 Direct F3
holding CGTX Stock Option (right to buy) Oct 7, 2021 Common Stock 41.7K $1.20 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The options vest in four (4) equal annual installments beginning on the first anniversary of the option's grant date. The option was granted on September 29, 2019.
F2 The options vest in four (4) equal annual installments beginning on the first anniversary of the option's grant date. The option was granted on February 27, 2020.
F3 25% of the shares underlying the option vest on the first anniversary of the option's grant date and the remaining 75% vest in equal monthly installments for the thirty-six (36) months thereafter. The option was granted on June 1, 2020.
F4 The option is fully vested.