4//SEC Filing
Yrigoyen Dan 4
Accession 0001104659-21-103581
CIK 0001537561other
Filed
Aug 10, 8:00 PM ET
Accepted
Aug 11, 5:17 PM ET
Size
7.7 KB
Accession
0001104659-21-103581
Insider Transaction Report
Form 4
Yrigoyen Dan
Vice President, Sales
Transactions
- Award
Common Stock
2021-07-30+150,000→ 150,000 total - Award
Stock Option (right to buy)
2021-07-30+150,000→ 150,000 totalExercise: $0.09Exp: 2031-07-29→ Common Stock (150,000 underlying)
Footnotes (2)
- [F1]1/3 of the Shares (50,000) shall vest on each of the six (6), twelve (12) and eighteen month anniversaries of 7/12/2021, the vesting commencement date.
- [F2]The Shares subject to the Option, 1/3 (50,000) shall vest on the anniversary of the vesting commencement date (7/12/21), and 1/24 of the remaining shares shall vest on each of the next twenty-four monthly anniversaries 7/12/2022, subject to continued service to the Company through each vesting date. In the event of a Change of Control (as such term is defined in the Plan), then, in any such case, 100% of the number of unvested shares then subject to the option and then subject to any other then-outstanding stock option or other equity award that may have been granted under or outside of the Plan shall accelerate and become vested as of the date of such event.
Documents
Issuer
Arch Therapeutics, Inc.
CIK 0001537561
Entity typeother
Related Parties
1- filerCIK 0001877598
Filing Metadata
- Form type
- 4
- Filed
- Aug 10, 8:00 PM ET
- Accepted
- Aug 11, 5:17 PM ET
- Size
- 7.7 KB