James Michael O'Brien - 07 Oct 2021 Form 4 Insider Report for COGNITION THERAPEUTICS INC (CGTX)

Signature
/s/ James O'Brien
Issuer symbol
CGTX
Transactions as of
07 Oct 2021
Net transactions value
$0
Form type
4
Filing time
12 Oct 2021, 20:40:10 UTC
Next filing
14 Oct 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
transaction CGTX Stock Option (right to buy) Award $0 +54,457 $0.000000 54,457 07 Oct 2021 Common Stock 54,457 $12.00 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 25% of the shares of common stock underlying the option vest on the first anniversary of the closing of the issuer's initial public offering. The remaining shares underlying the option vest in equal monthly installments thereafter for thirty-six (36) months, on the last day of each such month.