Chen Ivan 4
4 · PURE BIOSCIENCE, INC. · Filed Jul 2, 2018
Insider Transaction Report
Form 4
Chen Ivan
Director
Transactions
- Award
Common Stock
2018-06-28+150,000→ 150,000 total - Award
Stock Option (Right to Buy)
2018-06-28+200,000→ 200,000 totalExercise: $0.65Exp: 2028-06-28→ Common Stock (200,000 underlying)
Footnotes (2)
- [F1]Represents the issuance of restricted stock units (the "RSUs"). The RSUs vest and become exercisable as follows: (i) 50% of the RSUs will vest on the earlier of the date of the Issuer's annual meeting of stockholders held in 2019 or January 15, 2019 and (ii) 50% of the RSUs will vest on the earlier of the date of the Issuer's annual meeting of stockholders held in 2020 or January 15, 2020.
- [F2]The option shares shall vest and become exercisable as follows: (i) 50% of the option will vest on the earlier of the date of the Issuer's annual meeting of stockholders held in 2019 or January 15, 2019 and (ii) 50% of the options will vest on the earlier of the date of the Issuer's annual meeting of stockholders held in 2020 or January 15, 2020.