Home/Filings/4/0001104659-23-083497
4//SEC Filing

Aiello Joshua 4

Accession 0001104659-23-083497

CIK 0001814114other

Filed

Jul 23, 8:00 PM ET

Accepted

Jul 24, 5:10 PM ET

Size

7.9 KB

Accession

0001104659-23-083497

Insider Transaction Report

Form 4
Period: 2023-07-20
Aiello Joshua
Principal Accounting Officer
Transactions
  • Award

    Stock Option (Right to Buy)

    2023-07-20+7,5007,500 total
    Exercise: $7.42Exp: 2033-07-20Common Stock (7,500 underlying)
  • Award

    Common Stock, par value $0.0001 per share ("Common Stock")

    2023-07-20+5,0005,000 total
Footnotes (2)
  • [F1]Represents an award of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Common Stock. The RSUs vest over a three-year period as follows: (i) 34% of the shares will vest on the 18-month anniversary of the grant date, (ii) 33% the shares will vest on the two-year anniversary of the grant date, and (iii) 33% the shares will vest on the three-year anniversary of the grant date, subject to the Reporting Person's continuous service through such dates.
  • [F2]The stock options vest over a four-year period as follows: (i) 25% of the underlying shares will vest on the one-year anniversary of the grant date and (ii) 75% of the underlying shares will vest in equal installments on a quarterly basis on the last day of each quarter, starting on the last day of the first quarter after the first anniversary of the grant date, or September 30, 2024, subject to the Reporting Person's continuous service through such dates.

Issuer

Orchestra BioMed Holdings, Inc.

CIK 0001814114

Entity typeother

Related Parties

1
  • filerCIK 0001960418

Filing Metadata

Form type
4
Filed
Jul 23, 8:00 PM ET
Accepted
Jul 24, 5:10 PM ET
Size
7.9 KB